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

CryptoChartDaily

🔍 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 FDVSQRB $100K on PROBIT$RNB $310K$HTS $1.9M$STBU $3.5MLAND $3.6M-----Not for recommendations to BUY SELL any stocks, cryptos, FX or securitiesNot for Financial AdviseDYOR