$INJ /USD Market Update: Bulls Eyeing Key Levels

Current Price: $25.48

24H Change: +3.2%

INJ/USD continues its bullish rally, breaking through key resistance levels. Momentum is strong, and traders should stay attentive as the market tests higher zones.

Key Levels to Watch

Resistance:

$26.00 – Immediate resistance; breaking this could open doors to $27.50.

$30.00 – Psychological barrier and strong resistance zone.

Support:

$24.50 – Closest support; maintaining this level keeps bulls in control.

$23.00 – Critical support; a break here may trigger a deeper retracement.

Trade Setup

Bullish Scenario: Sustained buying pressure above $26.00 could lead to targets of $27.50 and $30.00.

Bearish Scenario: If $24.50 fails to hold, watch for a potential dip toward $23.00.

INJ is showing strength, but traders should stay cautious of potential pullbacks. Monitor the volume and price action closely for entry and exit points.

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