$INJ /USDT (1D Chart) – Updated Trend & Trade Setup - A cup and handle breakout pattern — a strong bullish continuation formation. The handle pullback looks healthy and has retested the neckline (blue zone), offering a potential entry.
✅ Entry Zone:
Current Price: ~14.07 USDT
Ideal Entry: 13.81 – 14.21 USDT (retest of breakout zone)
🎯 Targets (TP):
TP1: 18.81 USDT
TP2: 23.26 USDT
(Projected from cup depth + breakout confirmation)
❌ Stop-Loss (SL):
SL Level: 12.38 USDT
(Below handle low and structure invalidation level)
📈 Trend Summary:
🟢 Strong breakout from cup-and-handle pattern
🟡 Price above 50 EMA (bullish structure)
🔵 Healthy volume and rounded bottom structure
Bias: Bullish continuation
Outlook: Favorable R:R setup on retest
