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Technical analysis by CryptoAnalystSignal about Symbol INJ: Buy recommendation (4/16/2025)

https://sahmeto.com/message/3421039

#INJ/USDT

Buy
Price at Publish Time:
$7.71
Profit Target:
(+15.43%)$8.9
Stop Loss Price:
(-2.73%)$7.5
Buy،Technical،CryptoAnalystSignal

#INJThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel, which is support at 7.50.We are experiencing a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.We are looking for stability above the 100 Moving Average.Entry price: 7.71First target: 7.92Second target: 8.42Third target: 8.90#INJFirst target: 7.92 ReachedSecond target: 8.42 Reached#INJFirst target: 7.92 ReachedSecond target: 8.42 ReachedThird target: 8.90 Reached

Source Message: TradingView
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