📈LONG: $INJ (1D)

#INJ USDT | #INJ | #Injective

Current Price $31.46

Market Cap $3.06B

Change 1h -1.74% | 24h +21.45%

Daily Indicators:

• RSI: 65 - Neutral 🟠

• MACD: 0.93 - Bullish 🟢

• EMA: 26 - Above 🟢

Analysis:

Despite an overall crypto market decline, INJUSDT shows strength and is in a pre-breakout setup. With strong buyers continuing to push the price up against falling bitcoin, INJ seems well-positioned for potential gains. It's set to consolidate above the $29.21 range, hinting at further upward momentum.

Price Targets:

Keep an eye on the $29.2 - $29.45 zone for a breakout. Short-term targets are $33.62 and $43.4, with the possibility of reaching the $29.0 - $43.0 range. This price action suggests a potential rally if current bullish trends hold.

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