$INJ /USD Analysis: Testing Resistance with Sustained Bullish Momentum
Current Price: $21.95
24H Change: +3.28%
$INJ /USD is trading at $21.95, continuing its strong upward momentum. The price is approaching key resistance levels, and a breakout could signal further upside potential. However, a retracement is possible if resistance holds firm.
Key Levels to Watch
Resistance:
$22.50 – Immediate resistance. A breakout above this level could push the price higher.
$23.50 – Major resistance, marking a significant level for continued bullish progression.
Support:
$21.50 – Immediate support. Holding above this level is crucial to sustain the uptrend.
$20.80 – Stronger support, providing a solid base in case of a pullback.
Market Insights
$INJ/USD is nearing resistance at $22.50, with a potential breakout paving the way for a move toward $23.50. Maintaining support at $21.50 is essential to preserve bullish momentum, while a dip below this level could lead to a correction toward $20.80.
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