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INJUSDT

INJ Gears Up For $24.50 Injective Protocol bounced amazingly at its local bottom yesterday. Since hitting $20, INJ is on fire and delivers a strong performance. But it is getting better: INJ printed a #bullish EMA crossover on the 4H chart. This signal further underpins the uptrend and should fuel INJ's run toward the next resistance at the 24.5 - 25 level. Although the backtests do not perfectly support gains of 7-9%, the chart definitely supports them. Currently, INJ is trading in a mini bull flag, and I expect a breakout and test of the 24.5 level within 24 hours. -- Please visit my profile for more free trade strategies.
Long
by ben_walther
Another run is coming soon - New ATH for INJ ?#INJ/USDT #Analysis Description --------------------------------------------------------------- + INJ has reached its critical support zone, and the price is currently bouncing back from it, presenting a good opportunity for a long trade. + I'm entering a long trade here with the stop-loss (SL) set below the support zone. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 21.4 Stop Loss: 13.4 ------------------------------ Target 1: 24.16 Target 2: 28.95 Target 3: 33.11 Target 4: 44.81 Target 5: 53.00 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
Injective Protocol — Bearish Ichimoku Signal — 10% PotentialIf you follow my content, you will already know I am a big fan of the Ichimoku signal. It usually provides high-quality trade setups based on its multi-timeframe assessment. In terms of INJ the signal flashed a bearish entry, calculating a potential of almost 10%. Backtests are positive; however, since they are relatively rare signals, they only rely on two occurrences. Therefore, the backtests shouldn't be overrated. Trend indicators show a strong bearish trend. On the other side, it is important to pay close attention to the momentum indicators since they already signal an oversold status. Additionally, since the latest candle could be interpreted as bullish, it might be worth waiting for the current candle to close.
Short
by ben_walther
Injective | INJ & AvalonThe price of Injective 8 dollar today with a 24hour trading volume of 69 million dollar. This represents a 13% price increase in the last 24 hours and a 29% price increase in the past 7 days. With a circulating supply of 80 Million INJ, Injective is valued at a market cap of 640 million dollar. Injective is a blockchain built for finance. It is an open, interoperable layer1 blockchain powering next gen DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols.. Injective is upgrading its Avalon mainnet with overwhelming community support. The upgrade aims to enhance L1 scalability, achieve sub-second block generation time, and implement PoS delegation transformation.the upgrade will optimize transaction processing speed, network efficiency, and security within the Injective ecosystem Inj price is up 400% since we posted the first analysis on January and it tries to recover as fast as possible. most indicators sending a buy signal and the volume looks strong too
Long
by moonypto
INJ - Will the support the hold ?INJ/USDT is currently trading at 22.27 and the price has reached its support zone of previous ATH after recent downtrend. This is a major support zone for INJ and if this support zone breaks then the next support will around 14 which is significant correction from the current price. I'm expect the price to reverse back from the current support zone. Assuming the price will reverse back from the current support zone , we have good opportunity to enter a LONG trade here. Entry level: $ 22.23 Stop Loss Level: $ 16 TakeProfit 1: $ 25 TakeProfit 2: $ 30 TakeProfit 3: $ 39 TakeProfit 4: $ 53 TakeProfit 5: $ 71 Max Leverage: 2x Position Size: 1% of capital Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
INJ/USDT assessing key supply area? Bullish breakout ahaedYello Paradisers! Are you ready for an exciting opportunity with #INJUSDT? Let's dive into our analysis of this promising move. 💎We're seeing #INJUSDT assessing a key supply area, raising the high probability of a bullish breakout. #INJECTIVE has been following a descending resistance trajectory for a long time. Recently, after breaking above the descending trendline, the price is now testing the key supply area at $30.38. Interestingly, the price has respected this level twice, and this time we observe a weak rejection, followed by a restoration of momentum toward the upside. Here are two possible scenarios: 💎Bullish Breakout:If #INJ successfully breaks above the key supply area and sustains momentum over the EMA 200, there's a great probability the price can rise to higher resistance levels. 💎Bullish Rebound: If the price fails to break above the supply area and hold momentum, we expect a bullish rebound from the lower demand zone. Thanks to the juicy liquidity at this level, the price could plan a probable bullish move once it taps this level. However, breaking below the demand zone would cause bullish invalidation, leading to a significant price drop. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. Stay focused, patient, and disciplined, Paradisers. This is the only way you will make it far in your crypto trading journey. Be a PRO. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
Injective INJ price in consolidation, where will it go?#INJUSDT price was one of the first to show strong growth at the end of 2023, as they say, even before it became mainstream) Maybe it will be the same now?) But for now, the #INJ price has approached a strong mirror level. And it seems to us that it would be good for it to adjust once again to $24.50. 🔼And from there, we can take the acceleration to break through and consolidate above $30, and then up to $50 is just a stone's throw away) 🔽But below $23, you need to be careful with #Injective, because a new wave of decline may begin with the final target of $12 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
INJUSDT Long Trade SetupCurrent Situation: Price Level: INJUSDT is currently in a range that provides a favorable entry point for a long spot position. Trade Strategy: Entry Point: Enter a long spot position between $25.50 and $26.00. Take Profit Targets: First Target: $30.00 - $32.00 Second Target: $39.00 - $41.50 Third Target: $49.00 - $53.00 Stop Loss: Set just below $22.50 to manage risk. Summary: INJUSDT is presenting a solid opportunity for a long trade within the $25.50 to $26.00 range. Set your take profit targets at $30.00 - $32.00, $39.00 - $41.50, and $49.00 - $53.00. A stop loss just below $22.50 will help protect against downside risk.
Long
by Richtv_official
INJ/USDT 175% Potential Rally ahead!🚀 INJ/USDT Technical Analysis by Cryptorphic 🚀 - Price at Time of Analysis: $26.111 - Key Support Level: $25.451 - Resistance Levels: - Short-term: $29.069 - Major: $30.512 - Long-term target: $69.785 - $70.007 🔹 Chart Patterns: - A breakout from the descending wedge pattern. - Potential bullish movement towards the long-term target indicated in the green zone. 🔸 Moving Averages: - The price is currently below the 100-day moving average (purple line), suggesting a potential bullish trend continuation if it breaks the level in the coming days. This scenario is highly likely. 📈 Forecast: - Expecting a price surge towards the $70 range, as depicted in the chart. - Watch for price action around the major resistance levels for confirmation. Do hit the like button if you like it and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
#INJ/USDT#INJ The price is moving in a bearish channel pattern on a 24-hour frame, and it adheres to it well and is expected to break it upward The price rebounded well from the lower border of the channel at the green support level of 22.00 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 23.70 The first target is 25.80 The second goal is 27.00 Third goal 29.30
Long
by CryptoAnalystSignal
INJ Trade Analysis: Bullish Outlook 📈Current Market Context: INJ is breaking out of a downtrend and demonstrating bullish momentum. The recent transition to a deflationary model adds a strong fundamental case for long-term holding. Trade Strategy: Entry: Initiate a trade at the current market range of $25 - $26. This entry point leverages the ongoing bullish breakout. Take Profit: Set multiple take profit targets to lock in gains at different stages: First Target: $29 Second Target: $35 Third Target: $45 Stop Loss: Place the stop loss at $23.17 to manage risk and protect against potential downturns. Rationale: Fundamentals: The deflationary model and strong metrics support a positive long-term outlook. Technical Analysis: The break of the downtrend indicates a potential shift to a bullish phase, supported by lower time frame (LTF) analysis.
Long
by Richtv_official