$INJ

📊 INJ/USDT Technical Analysis: Eyeing Key Levels at $30.37 💹

The INJ/USDT pair is currently trading at $30.37, showcasing its strong momentum in recent sessions. Here's a closer look at the market structure and opportunities:

🔑 Support & Resistance:

Immediate Support: $29.50 – a level where buyers have previously stepped in to defend against downside pressure.

Resistance Zones: $31.20 and $32.00 – key levels that could determine whether the bullish trend continues.

📈 Trend Analysis:

The price is holding above major moving averages, signaling ongoing bullish momentum. A sustained move above $31.20 could open the door for a fresh leg higher, with targets at $32.50 and beyond.

💡 Trading Strategy:

For Buyers: Look to enter near $29.50 or after a confirmed breakout above $31.20, with stops below $28.90 to manage risk.

For Sellers: Watch for signs of rejection near $31.20 to short, targeting $29.50 for profit-taking.

🔥 Momentum Alert: INJ is showing strength, but volatility remains high. Breakouts could lead to quick opportunities, so stay alert and follow your plan! 🚀

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