🚀$INJ /USDT Technical Analysis – Bullish Rebound in Progress🤔🔐👇

Current Price: $11.47

Timeframes: 1H & 1D

Market Sentiment: Recovery Mode 🟢

🔍 1D Timeframe Breakdown:📊

$INJ formed a triple-wave corrective pattern, bouncing strongly from the ~$11 support zone.

The latest candle is attempting a reversal bounce, targeting the next key resistance at $12.34, then $12.60.

RSI is curving up from 44.28 – indicating potential for upside momentum.

Moving averages are still angled downward, but price reclaiming EMA zones would strengthen the bullish outlook.

⏱ 1H Timeframe Observations:📊

A rising wedge breakout is in motion, with price climbing toward the upper trendline.

Resistance ahead: $12.02 (EMA + wedge top).

MACD shows bullish crossover with expanding histogram – signaling near-term strength.

RSI near 46.26 and rising – still has upside room.

🎯 Bullish Trade Setup

📥 Entry Range: $11.30–$11.40 (pullback support)

🎯 Target 1: $12.02

🎯 Target 2: $12.60

🎯 Target 3: $14.48 (macro resistance from 1D)

❌ Stop-loss: $10.95 (below structure low + daily support)

⚠️ Trade Watchlist:

A daily close above $12.34 = confirmed trend reversal

Volume breakout on 1H wedge = momentum continuation

Monitor Bitcoin trend correlation closely

🧠 "When the structure holds and indicators align, the smart money positions early."

Let structure guide you – not emotions.

📛 This is a technical opinion, not financial advice. Always do your own research and manage risk wisely.

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