$INJ has just breached a major resistance level - sustained bullish continuation
Current price: $11.68
24-hour change: +5.23%
Volume (over 24 hours): 1.31 million INJ / 14.43 million USDT
Range: $10.40 (low) - $11.71 (high)
Long trading settings
Entry area: $11.55 - $11.70
The price stabilizes just below the day's high after reclaiming the resistance level of $11.50, which now acts as support.
Targets:
Profit target 1: $12.20
Profit target 2: $12.75
Profit target 3: $13.40
Stop loss:
Below $11.20 - a breach below this area invalidates the breakout setup.
Technical outlook
The price structure is showing a bullish shift on the four-hour and daily charts.
Clear higher low at $10.40.
Trading volume confirms a genuine desire to buy, not just a short-term spike.
Strategic view
As long as INJ remains above $11.50, the outlook favors a continuation towards the $12 area and beyond. Watch for a candle close on the one-hour chart above $11.70 for confirmation. Dips to the $11.50 area provide low-risk entry points.
Buy and trade here at number $INJ