$INJ /USDT Breaks Out: Bullish Momentum Alert ๐จ
Injective Protocol ($INJ ) is soaring, now trading at $22.13, up 14.72% in the last 24 hours. This rally showcases strong bullish activity and significant trading interest.
๐ Market Highlights:
24H High: $22.13 โ A breakout here could push INJ to $23.50.
24H Low: $19.21 โ Buyers entered aggressively at this level.
Volume: 786,497 INJ & $16.22M USDT โ A clear sign of heightened activity.
๐ Critical Levels to Watch:
1. Resistance Zone: $22.50 โ A confirmed breakout could target $24.00 next.
2. Support Zone: $21.00 โ Holding this level is crucial to prevent a retracement.
๐ก Trade Insights:
Bullish Scenario: Watch for a sustained break above $22.50 to aim for higher targets at $23.50 and $24.00.
Bearish Scenario: A pullback below $21.00 might signal a retest of $20.00 support.
โ ๏ธ Pro Tip for Traders:
Use tight stop-loss levels to manage risk as volume indicates heightened volatility. Monitor momentum for a potential extended rally or retracement.
