INJ/USDT Price Projection: Can $90 Be Achieved in the Current Bull Cycle? 🚀
🔹 After capturing external liquidity, the price reached an All-Time High (ATH) at $52.982, followed by a significant decline of ~74%, liquidating long positions and sweeping below sell-side liquidity. This move resulted in a market structure shift (MSS) to the downside.
🔹 Currently, the price is consolidating near $23.950 and is positioned to resume bullish momentum. A test of the HTF Order Block is anticipated before continuing towards higher targets. Traders should watch for a retracement into key zones for potential long entries.
Entry Zone: $18 - $20.50
Targets: $52.98 / $70 / $90
Stop Loss: $14.72
Note: Wait for confirmation on lower timeframes before executing trades. Keep an eye on market conditions and manage risk accordingly.
