INJ is currently trading inside a broadening wedge pattern on the weekly timeframe. The price recently bounced strongly from the major demand zone around $8–$9, which has acted as a reliable support level in the past.
Now, INJ is approaching the upper resistance trendline of the broadening wedge. A confirmed breakout above this level could lead to a strong bullish move, potentially targeting the $50 level.
Cheers
Hexa
INJ 
INJUSDT
Now, INJ is approaching the upper resistance trendline of the broadening wedge. A confirmed breakout above this level could lead to a strong bullish move, potentially targeting the $50 level.
Cheers
Hexa
INJ INJUSDT
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🌐Website: hexatrades.io/
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🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.