🔥 INJ/USDT Weekly Chart Update
Chart Structure:
INJ is currently bouncing from the lower boundary of a multi-year descending wedge, a historically bullish pattern. The price has respected this structure well, showing multiple rejections at both the support and resistance trendlines.
🔍 Current Price: $12.24
🟢 Potential Upside: 298%
🎯 Target: ~$33.00
🛡️ Key Support: $8.50 zone (wedge support)
⚠️ Key Resistance: $25.00–$33.00 (wedge top)
Chart Structure:
INJ is currently bouncing from the lower boundary of a multi-year descending wedge, a historically bullish pattern. The price has respected this structure well, showing multiple rejections at both the support and resistance trendlines.
🔍 Current Price: $12.24
🟢 Potential Upside: 298%
🎯 Target: ~$33.00
🛡️ Key Support: $8.50 zone (wedge support)
⚠️ Key Resistance: $25.00–$33.00 (wedge top)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.