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Technical analysis by CryptoNikkoid about Symbol INJ: Buy recommendation (4/20/2025)

https://sahmeto.com/message/3431654
CryptoNikkoid
CryptoNikkoid
Rank: 11594
1.5
Buy،Technical،CryptoNikkoid

INJ – Setting Up for a Potential Impulsive MoveAfter a sharp correction, INJ may be preparing for a strong rebound.In a previous idea, I forecasted a bottom at $8.5 — and it dipped even lower to $7, fully retracing last year's pump.The price broke below the bearish flag after a clear bearish divergence at the top. It also sliced through my green buy zone and is now sitting right on a critical support level at $8.40.🚀 Signs of recovery are starting to show:🔹 MACD is climbing and approaching the median line — a bullish crossover could ignite an impulsive rally.🔹 Price is stabilizing above the key $8.40 support.🔹 RSI is low and consolidating — signaling potential upside.🔹 Volume is quiet — often a precursor to strong moves.The target is to re-integrate the green liquidity zone, to prepare another explosive pump.📅 Reminder: around this time last year, INJ pulled off a 4x rally. While past performance doesn't guarantee future results, the setup looks promising.🧠 DYOR | This is not financial advice.#INJ #CryptoAnalysis #Altcoins #TechnicalAnalysis #MACD #CryptoMarket #BreakoutSetup #DYOR

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$9.5
Stop Loss Price
$8
Price at Publish Time:
$8.4
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