INJ/USDT Price Projection: Can $90 Be Achieved in the Current Bull Cycle? š
š¹ After capturing external liquidity, the price reached anĀ All-Time High (ATH)Ā atĀ $52.982, followed by a significant decline ofĀ ~74%, liquidating long positions and sweeping below sell-side liquidity. This move resulted in aĀ market structure shift (MSS)Ā to the downside.
š¹ Currently, the price is consolidating nearĀ $23.950Ā and is positioned to resume bullish momentum. A test of theĀ HTF Order BlockĀ is anticipated before continuing towards higher targets. Traders should watch for aĀ retracementĀ into key zones for potentialĀ long entries.
Entry Zone:Ā $18 - $20.50
Targets:Ā $52.98 / $70 / $90Ā
Stop Loss:Ā $14.72
Note:Ā Wait for confirmation on lower timeframes before executing trades. Keep an eye on market conditions and manage risk accordingly.
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