$INJ 🚀 MOMENTUM CONTINUATION 🔥
Chart Overview
Current Price: $16.04
Support Levels: $15.60 (near-term), $15.00 (major)
Resistance Levels: $16.50 (short-term), $17.20 (key breakout zone)
Trend: Consolidating after recent bounce from $15.00 support
Volume: Moderate — indicates steady interest without excessive volatility
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📈 Technical Analysis
RSI: ~55 — neutral to slightly bullish, room for upward movement
MACD: Sideways but showing early signs of positive momentum
Price Action: Higher lows forming since $15.00; bullish bias if price holds above $15.60
Breakout Zone: $16.50+ could open path toward $17.20–$17.80
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🎯 Trading Strategy
Bullish Setup:
Entry: $15.70–$16.00 (buy dips near support)
Stop-loss: $15.00
Targets: $16.50, then $17.20–$17.80
Bearish Setup:
Short if price breaks below $15.00 with strong volume
Targets: $14