🚀$INJ /USDT – Bulls Aim for Breakout While MACD Supports Momentum🔐👇

Current Price: $12.97

24H High: $13.11 | 24H Low: $11.65

The recent 4H and 1H structure of INJ paints a compelling narrative for bullish continuation, but caution is key.

🔍 Chart Overview:

After consolidating near the $12.50 support, $INJ has sparked upward movement with a strong bullish engulfing candle, now testing the $13.00 zone.

On the 1H chart, the price is holding above both the 20EMA and 50EMA. Price structure continues forming higher highs and higher lows—a bullish sign.

MACD crossover on both 1H and 4H is clean and ascending, showing expanding histogram bars and a healthy spread between signal lines.

RSI is trending toward overbought (~69 on 1H), suggesting strong buying interest but also caution for short-term scalps.

📊 What Makes It Interesting:

$INJ is nearing the 200EMA on 4H ($13.29) which could act as a significant breakout trigger. If bulls flip this into support, price may accelerate toward $14.00.

On 1H, the current candle is testing previous supply around $13.00. Closing above this with volume could bring strong FOMO momentum.

The 20EMA ($12.52) on the 1H timeframe now acts as trailing dynamic support.

🧠 Trade Strategy Plan (Swing-Based Bias):

📌 Buy Zone: $12.75 – $12.90 (on minor retracement)

🎯 Targets: $13.20 / $13.65 / $14.10

🛡️ Stop Loss: Below $12.40 (invalidate recent bullish structure)

⏳ Trade Duration: 8–24 hours

📶 Trend Bias: Bullish (but approaching resistance)

💡 Takeaway Thought:

Momentum loves clarity. When price starts trending, hesitation only costs opportunity. INJ is showing signs of strength, but breakouts need confirmations, not assumptions. Wait for the candle close—then strike.

📌 This is a technical analysis-based market view, not financial advice. Always use proper risk management.

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