📊 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.
