Technical analysis by EdoardoTelve about Symbol INJ: Buy recommendation (7/28/2025)

Date: July 28, 2025 INJ/USDT is displaying a strong bullish structure after breaking through a major resistance zone, supported by increasing volume and positive momentum. The market appears to be entering a new expansion phase. 🔍 Technical Overview: Current Price: $15.95 EMA Overview: 4EMA: $14.71 50EMA: $12.25 100EMA: $11.94 200EMA: $12.69 Price is currently above all major EMAs, confirming strong bullish momentum and trend alignment. 📊 Structure & Price Action: Price successfully broke out of the $14.35–15.02 resistance zone, which previously acted as a rejection area. A clear bullish continuation pattern can be seen, with rising trendlines and higher lows. Price retested the breakout area and is now pushing higher – confirming demand at higher levels. 📉 Key Support Zones: $15.02 (recent breakout level, now flipped to support) $14.35 $12.92 (former consolidation resistance) 📈 Key Resistance & Target Zones: $18.40: First significant upside target based on the measured move $25–26 area: Major long-term resistance, highlighted as a high confluence target zone 📊 Indicators: RSI: 68.57 – Bullish momentum, nearing overbought levels. Could lead to short-term consolidation or pullback, but the trend remains intact. Volume: Gradually increasing volume with the breakout – a healthy sign of accumulation and breakout confirmation. 🎯 Bullish Outlook: Trend: Strong uptrend with clean breakout structure Short-term target: $18.40 Mid/Long-term target: $25–26 Dips toward $15.00–$14.30 may be attractive for bulls looking for continuation entries 📉 Invalidation: A breakdown below $14.35 with high volume could suggest a failed breakout and bring price back toward the $12.90 zone A move below the trendline would signal weakness, but until then, bulls remain in control Good Trading!!