📈 $INJ

/USDT Trade Setup

Current Price: $11.82 (+20.49%)

Category: Layer 1/Layer 2 | 🔥 Strong Gainer

📊 Technical Outlook:

$INJ has broken above key resistance with strong volume (29.17M USDT) and a wide daily range from $9.43 to $11.90, signaling a bullish continuation with potential short-term upside.

🎯 Entry Zone:

$11.50 – $11.80 (Current consolidation range after breakout)

🔑 Key Levels:

Resistance 1: $12.20

Resistance 2: $12.80

Support 1: $11.04

Support 2: $10.40

🛑 Stop Loss:

$10.40 (Below previous structure support)

🚀 Target Levels:

🎯 Target 1: $12.20

🎯 Target 2: $12.80

🎯 Target 3: $13.50 (If momentum continues)

🔍 Momentum Signal:

✅ Bullish engulfing on 4H chart

✅ Volume spike confirms trend strength

✅ RSI near 70: strong but monitor for cooling off near $12+

⚠️ Risk Management: Use position sizing and a stop-loss discipline. Wait for 15m-1h confirmation if entering late.

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