Technical analysis by CryptoChartDaily about Symbol INJ: Buy recommendation (5/25/2025)

🔍 1. Price Structure: INJ went through a massive bull run toward the end of 2024, peaking around $44. Since then, we saw a sharp downtrend with multiple Breaks of Structure (BOS) and Change of Character (CHoCH) confirming the bearish trend. That downtrend bottomed around $7, which held strong as a support zone. 📈 2. Recent Trend: A bullish reversal started from April 2025. Multiple bullish CHoCHs and BOS confirm that the trend is shifting upward. Currently, price is around $12.18 after bouncing from the $9–$10 accumulation zone. 🟥 3. Key Levels: Resistance Zone: $17–$20 → Prior support turned resistance. Support Zone: $9–$10 → Demand zone & previous BOS level. Major Low Support: $6.34 → Marked as "Weak Low" — losing this invalidates current bullish trend. 📉 4. Indicators: Stochastic RSI was overbought and now turning down → potential short-term correction. Volume is decreasing slightly as price stalls under $13 → signs of hesitation. ⚠️ 5. What to Expect Next: If bulls can reclaim $13.50–$14, INJ could push toward $17 short term. But if the price dips back under $11, it may retest the $9–$10 support again. Look for volume confirmation on any breakout. 🧾 TL;DR: INJ is recovering after a big drop, showing early bullish signs. But it's now approaching resistance and momentum is cooling. Watch for either a breakout above $14 or a dip to $10 for a better entry. ------------------ Other Low Market Cap #RWA #RealEstate #Tokenization Platforms by FDV SQRB $100K on PROBIT $RNB $310K $HTS $1.9M $STBU $3.5M LAND $3.6M ----- Not for recommendations to BUY SELL any stocks, cryptos, FX or securities Not for Financial Advise DYOR