🔥 Triangle Pressure Mounting – Will INJ Explode Soon?
Injective ($INJ) is consolidating near $13.77, holding strong support while forming an ascending triangle—a classic bullish pattern 👀
🧠 What’s Driving INJ?
✅ EVM upgrade (Ethernia) has increased developer interest
✅ Major deals reportedly in the pipeline
✅ Regulatory clarity on liquid staking tokens boosting overall sentiment
📈 Key Levels to Watch
🔹 Resistance: $15.30–$15.50
🔹 Breakout Target: $17.84 → $20.14 → $22.65
🔻 Stop-loss: Below $14.80 for breakout plays
🛠️ Trading Strategy
🔹 Breakout Traders: Wait for a confirmed breakout above $15.50 with volume
🔹 Aggressive Entry: Buy early near $15.30 anticipating breakout
🔹 Risk-Off: Reject breakout? Expect pullback toward $12–$10
💡 A breakout above $15.50 could ignite a rally toward $20+. Keep your stop tight and your eyes on the volume!
🚨 Not financial advice. DYOR & trade safe!
