$INJ - update:

Bearish breakout downard (mid term)📉

Short term view: bullish consolidation possible📈

Oversell PA & monthly support retested (23$)

The price might retest the 118 days range low breakout!

Local support : resistances : 27 $ & 25 $

Low point: 22.80$ (KEY SUPPORT MONTHLY)

Key resistance to be retested: 30.00$ - 31.00$

Scenario 1: Bearish rejection📉

Successfull retest & rejection ==> New low possible 📉

(24 $ - 20$ - 18$)

Scenario 2: Bullish reaction 📈

A breakout above 31$ is required for further price increase. (37 - 38$)

The price could consolidate for a while between 30$ - 25$

#BinanceLaunchpool #INJ #BullorBear #SHIB #BTC🔥🔥🔥🔥🔥🔥