$INJ 1D
INJ/BTC on the daily.
The Daily BBWP has printed a blue bar read for the first time since September of 2023. A blue bar read indicates an extreme in contraction in terms of volatility.
Contraction leads into expansion. The prior blue bar print in September of 2023 preceded the rally higher.
Volatility is direction neutral, but given the culmination of bullish factors, I think price is gearing up for an explosive upside move IMO.
(NFA/DYOR.)