🚀 $INJ
Trade Update & Outlook 🚀
(see attached 4-hour chart) 📉📊
📌 Current Snapshot
$TUT
Live Price: ~$13.90 USD per INJ.
MARKET CAP: ~$1.37B, volume solid but volatile.
Short-term swing: price recently pulled back, seemingly forming a corrective wave (A → B → C?). The orange box on chart shows key fill zone (~$12.70 — $13.45) which acts as potential support.
🎯 Key Zones & Levels
🟧 Support / Accumulation Zone:
50% – 78.6% retrace at $12.70 to ~$13.45 area.
🔺 Resistance / Breakout Zone:
If bounce happens, watch for move up to blue fib extension zones (~$21+) as possible upside stretch.
⚠️ Risk Zone:
If price drops under the support box (below ~$12.70), then deeper correction toward lower fib / structure zones may follow.
🌱 Fundamental Backdrop
INJ is a Layer-1 interoperable DeFi chain, strong in cross-chain & derivatives infrastructure.
Sentiment: neutral → slightly bearish short-term while it corrects; long-term forecasts show bullish upside depending on adoption.
🔧 Trade Plan / Strategy
🎯 Goal👇 Action Entry Buy dips into $12.70–$13.45 support range after confirmation (bullish reversal candle + volume)Stop-loss Below support (~$12.50) to limit downside riskTargets1) Resistance retest near $16–$18 2) Blue extension zone (~$20-$22) if momentum resumes Risk management Low leverage, small position size, scale in tranches
📅 Forecasts & Predictions
Some models expect INJ to trade between $23.5–$27.2 in 2025.
Bullish scenarios see higher ranges in 2026+ if INJ manages sustained DeFi & cross-chain adoption.
✅ Takeaway
INJ is in a correction/consolidation phase — near a potentially strong demand zone. If it holds, we could see a bounce towards mid-$ teens, possibly higher. If it breaks, deeper support below comes into view.
Always DYOR