Technical analysis by CryptoAnalystSignal about Symbol INJ: Buy recommendation (4/16/2025)
https://sahmeto.com/message/3421039

CryptoAnalystSignal
Rank: 30904
#INJ/USDT
Buy
Price at Publish Time:
$7.71
Profit Target:
(+15.43%)$8.9
Stop Loss Price:
(-2.73%)$7.5

#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