š $INJ Explodes! š
Injective Protocol ($INJ ) is on š„, currently trading at $21.99with a 13.76% 24-hour gain! š„ This surge signals strong bullish momentum and intense trading activity.
š Market Overview:
* High: $22.13 š - A breakout here could propel INJ towards $23.50 š
* Low: $19.21 š - Buyers aggressively entered at this level.
* Volume: 786,497 INJ & $16.22M USDT š° - A clear sign of increased market activity.
š Key Levels to Watch:
* Resistance: $22.50 š - A decisive break above this level could target $24.00 š
* Support: $21.00 š - Holding this level is crucial to prevent a potential retracement.
š” Trading Strategies:
* Bullish Scenario: š Watch for a sustained break above $22.50 to aim for higher targets at $23.50 and $24.00 š
* Bearish Scenario: š A pullback below $21.00 might signal a retest of the $20.00 support level.
ā ļø Trader's Tip:
* Use tight stop-loss orders š to manage risk effectively as volume indicates increased volatility.
* Monitor momentum closely š for potential extended rallies or retracements.
Stay alert! šØ $INJ could make another significant move soon.
