$INJ - update:
Bearish breakout downard (mid term)📉
Short term view: bullish consolidation possible📈
Oversell PA & monthly support retested (23$)
The price might retest the 118 days range low breakout!
Local support : resistances : 27 $ & 25 $
Low point: 22.80$ (KEY SUPPORT MONTHLY)
Key resistance to be retested: 30.00$ - 31.00$
Scenario 1: Bearish rejection📉
Successfull retest & rejection ==> New low possible 📉
(24 $ - 20$ - 18$)
Scenario 2: Bullish reaction 📈
A breakout above 31$ is required for further price increase. (37 - 38$)
The price could consolidate for a while between 30$ - 25$
