Injective

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#INJUSDT — Holding the Last Fortres, Recovery or Final Break

#INJ The price is moving within a descending channel on the 1-hour timeframe; it has reached the lower boundary and appears poised for a rebound. A retest of this boundary is expected, supporting a potential upward move. The Relative Strength Index (RSI) indicates a bearish trend, but an upward breakout is likely due to oversold conditions on the 1-hour chart. There is initial support at 4.89, acting as a preliminary support zone. A key support zone (marked in green) exists at 4.60; the price has bounced off this area multiple times, making it a strong support level. The price is moving toward the 100-period moving average—a level we are currently approaching—which supports the case for an upward move. Entry Price: 5.40 Target 1: 5.65 Target 2: 5.83 Target 3: 6.06 Stop Loss: At the green resistance zone. Remember this simple rule: capital management. If you have any questions, please leave a comment. Thank you.

TITradingView Ideas19h ago

INJ Is in a Complex Correction! | Short Opportunity (1H)

INJ appears to be developing within a complex corrective pattern. At the moment, price seems to be in Wave C of this correction. Since Wave C is expected to be bearish, I will be watching the supply zone closely for a potential reaction. If price reaches the supply zone and shows a clear rejection, we will look for a potential sell/short position. The targets : 5.422$ _ 5.220$ _ 4.983$ A 4-hour candle close above the invalidation level would invalidate this analysis and the bearish setup would no longer be valid. If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you. Do you think INJ is bearish?

TITradingView Ideas16 Sept