#INJ Technical Analysis in a 2-Day Timeframe

10 set

Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:

INJ is currently rebounding from the accumulation range between $15.12 and $17.85. The price is likely to reach the primary resistance, which ranges between $20 and $21.45.

Once INJ breaks above this resistance, it will likely test the $30.51 resistance level. For now, all eyes are on the current market price.

The RSI is gaining strong momentum for the rally.

Key levels:

- Accumulation: $15.12 to $17.85.
- Primary Support: $15.12.
- Primary Resistance: $20 to $21.45.
- Targets: $30.51 to $52.17.
- Invalidation: A daily candle close below $12.74.

DYOR, NFA.

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