📊 Analysis of the INJ/USDT asset 📊

INJ on Binance is showing impressive technical moves. Let's look at the main points:

📉 Recent decline: In March, the price fell by 71.55%, reaching 15.25.

📈 Current price: At the time of writing, the price is 28.66, which is an increase of 1.78%.

📊 Technical indicators:

MA (99): 24.21, the current price is above this level, which is a bullish signal.

SAR: 25.08, the price is above this level, which confirms the bullish trend.

Ichimoku: The price has broken through the cloud upward, indicating a strong upward momentum.

🔄 Channel formation: The price is in a growing channel, which is limited by the levels of 25.08 and 28.66.

📈 Growth potential:

The target is at 53.83 (+88.54% of the current level).

🔍 Volume: An increase in trading volume confirms the strength of the current upward movement.

💬 Conclusion: Technical indicators and the formation of an ascending channel indicate a continuation of the bullish trend. The price has broken through key resistance levels and the Ichimoku cloud, which confirms further growth potential.

📊 Recommendations:

Opening long positions at the level of 28.66.

Profit target: 53.83.

Stop loss: 25.08 to protect against possible rollbacks.

Be careful and happy bidding! 🚀📈✨

$INJ #INJ