$INJ Price Analysis Update!
Current Price: $22.964 (+1.76%)
๐ 4-Hour Chart Insights:
#INJ is showing bullish momentum, trading above MA25 ($21.393) and MA99 ($21.415). However, MA200 ($25.746) is a critical resistance to watch.
๐ 1-Day Chart Resistance:
Key resistance lies at $23.5 - $23.6, marked by MA25 & MA99. A breakout here could trigger a significant price rally.
๐ Key Scenarios to Watch:
๐น Bullish Confirmation: If INJ breaks above $23.6, we could see levels of $25 - $27 on the charts. ๐
๐น Bearish Failure: If INJ fails to break and hold support at $22.8 - $22.9, the price could drop to retest the $21.3 region.
๐ก Key Levels to Watch:
๐น Immediate Support: $22.8
๐น Major Resistance: $23.6
๐น Breakout Target: $25 - $27
This could be a decisive moment for INJ! ๐