Two reasons why you need to accumulate $INJ and stake it before 2024

Fundamentals:

According to INJ Hub, on December 19th, the number of active addresses on Injective reached a new historical high, exceeding 143,000. This is three times the number of active addresses from the previous day and twenty times the number from ten days ago.

According to Bitget market data, INJ is currently trading at $43.09 with a 24-hour increase of 11.5%.

Technicals:

On the 1-hour time frame of the $INJ chart, there is a DESCENDING TRIANGLE pattern evident, characterized by Lower Highs (LH) and a Support level tested twice. The anticipation is for a breakthrough of the resistance level, leading to the fulfillment of demand in the Order block below, thereby paving the way for a resumption of more bullish momentum.

Purely for Educational purposes

DYOR