$INJ Breakout Alert: Ready for Lift-Off or Fakeout❓❗
Injective ($INJ ) is currently trading at $9.88,reflecting a slight decrease of 0.035% fromthe previous close. The intraday high reached $10.46, while the low touched $9.87.Technical indicators suggest a bullish outlook, with the Relative Strength Index (RSI)at 57.7 and the Moving Average Convergence Divergence (MACD) showing positive momentum. The 50-day and 200-day moving averages are at $9.76 and $10.02,respectively, indicating a potential upward trend.
Key support levels are identified at $7.10,with resistance levels at $9.32 and $10.70.The recent price movements suggest that $INJ is testing these resistance levels, and abreakout above $10.70 could signal acontinuation of the bullish trend. Binance