The price of #INJ reached the very important resistance of $4.9 and could not cross it considering that it has broken its upward trend line and we are witnessing a negative divergence in the daily time frame. There is a possibility that the price will fall to the $4.0 support.
The price of #INJ has reached the support of $3.880 - 3.780. There is a high probability that the price will be supported by this area. but if the support is broken, the price will drop to around $3.40 .
#INJ price has reached the support of $6.56 -$6.72 . If the support is not maintained, the price will probably break the downward channel and decrease to the important support of $5.5 .
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#INJ price moves between support and resistance areas. After reaching the resistance and forming the descending harmonic pattern, it started to dropıng . Now, after breaking the small downward trendline, it can grow again to the resistance.
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The price of #INJ is now moving in a small descending channel in the 4-hour TF after the consecutive growths, and it's expected that the price will decrease to the bottom of the channel and to the support of $30.220-$28.350.
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#INJ Final Unlock Alert :
$INJ will be fully unlocked (100%) on 21st Jan 24.
3.66 m tokens
132.4 m dollars
4.35% of cir. supply
$INJ will be fully unlocked (100%) on 21st Jan 24.
3.66 m tokens
132.4 m dollars
4.35% of cir. supply
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The price of #INJ is moving in a relatively ascending channel with a low slope.
In fact, the resistance level of 28.50-31.00 is still a strong obstacle for price growth. for now, the position is in the middle .
It seems that the correction process is ending and that the price is being compressed for an upward movement.
This currency started to grow much earlier than other currencies, and now, in the higher time frame, it is correcting a previous upward trend.
In fact, the resistance level of 28.50-31.00 is still a strong obstacle for price growth. for now, the position is in the middle .
It seems that the correction process is ending and that the price is being compressed for an upward movement.
This currency started to grow much earlier than other currencies, and now, in the higher time frame, it is correcting a previous upward trend.
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#INJUSDT has been trading within a well-defined descending channel on the daily timeframe, with the price consistently respecting the trendlines.
INJ is poised to challenge the descending resistance of the channel. A potential breakout and retest of the Bullish (around $28.50 - 31.00 could be on the horizon. This area is packed with liquidity and could propel price towards a breakout.
If #INJ can break above the descending resistance, supported by the liquidity at $31.00 , we could see a strong bullish move toward the major resistance zone around $45.00 .
Should the current resistance hold, we might see a retest of the key support level at $15.40. This retest could provide the necessary rally for a breakout.
INJ is poised to challenge the descending resistance of the channel. A potential breakout and retest of the Bullish (around $28.50 - 31.00 could be on the horizon. This area is packed with liquidity and could propel price towards a breakout.
If #INJ can break above the descending resistance, supported by the liquidity at $31.00 , we could see a strong bullish move toward the major resistance zone around $45.00 .
Should the current resistance hold, we might see a retest of the key support level at $15.40. This retest could provide the necessary rally for a breakout.
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