Technical analysis by Degen-Dynasty about Symbol INJ: Buy recommendation (4/5/2025)
https://sahmeto.com/message/3389872

Degen-Dynasty
Rank: 5
Analytical Power:
4.7

INJ is another crypto project that seen massive interest and price rise straight out of the bear market. Now we see it has completed a very typical retrace pattern and percentage. Since reaching its all time high it has completed a standard ABC retrace of 50% of its low.Current Trading Plan:Re-accumulate and look for another major rise in price. Risk at this stage in the cycle is much higher as we are not at a bear market low. We are at a 50% retrace of that low. Targets will be a 1/3-50% retrace back to the all time high and look for continuation for a much larger second run is the rest of the market show signs of recovery this summer.
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Signal Type: Buy
Time Frame:
3 روزProfit Target:
$12.04Stop Loss Price
$5.78Price at Publish Time:
$8.15