Technical analysis by wagmitraders about Symbol INJ on 7/30/2025

When evaluating INJ coin for long-term spot investments, it is evident that the price continues its downward movement after being rejected from the daily resistance level at $16.33. If INJ fails to receive a strong buying reaction from the $13.16 support in the coming days, the downtrend is likely to persist. Our preferred long-term spot entry zone lies between the $11.86 – $11.26 support range. If INJ retraces to the blue support zone marked on the chart, we intend to accumulate with a long-term target of $23. As long as INJ continues to close daily candles above the $10 level, we will maintain our long-term spot positions. Should the price rebound from the $11.86 – $11.26 zone, our initial upside target will be $16.33. Not Financial Advice (NFA).#INJ Daily Update We were expecting a downward movement in INJ to the support level we mentioned and our spot purchase range of $11.68 - $11.26. However, the price rose to $11.86 without reaching our spot purchase order. As long as there is no daily candle close above the 13.16$ level in INJ, we will continue to anticipate a downward movement toward the specified blue support lines. If INJ coin achieves daily candle closes above the 13.16$ region, the next target will be 14.6$. NFA.INJ Daily Update / +12% INJ coin has surged by 12% without reaching our designated spot entry zone. As a result, we did not enter a spot position. However, we have observed that some followers entered spot trades near the mentioned level. Those who did may consider taking profit on 25% of their position at this point. Traders can use their entry price as a stop-loss reference for the remaining position. If INJ revisits the blue-marked entry zone, we do not plan to open another spot position. However, if INJ manages to close daily candles above the $13.16 level, the price action outlined in our previous analysis could still play out. For those seeking safer trades, placing stop-losses around the entry zones and closely monitoring the price action may provide a more risk-managed approach. As for us, if INJ drops back into the blue zone again, we do not plan to re-enter, as a revisit to that level may signal a deeper decline toward lower support areas.