#INJ (4H) Review
The instrument price entered an important demand zone in the 11.5–11.8 region, where a reversal was observed earlier. This is a strong support level (marked as Strong Low), from which an upward reaction is possible.
📉 Bearish scenario:
If we fail to hold the current zone and a breakout below 11.3 occurs, the way will open for a deeper correction down to 10.5–11.0.
📈 Bullish scenario:
If we see confirmation of demand and a rebound from the current zone, the logical movement is to the first resistance zone in the 13.5–14.5 region.
A fix above will give a chance for a breakout up to 15.5+, but a strong seller may be encountered at this level.
INJ is in a potential reversal zone. In the next 1–2 days, it is important to watch the reaction from the current levels —
