Technical analysis by CryptoNikkoid about Symbol INJ: Sell recommendation (8/19/2025)

After forming a triple top, INJ is now developing an “M” pattern. This formation is generally bearish, suggesting that price may retrace into the green buy zone. Since this is unfolding on the daily timeframe, it could take several weeks before we see a potential bottom. Patience is key—the lower it goes, the better the entry. Once the “M” formation completes, the next major step will be breaking above the yellow descending resistance line. A successful breakout there could open the way for clear skies and a full recovery toward (and above) the $16 level. 📉 A strong entry point would be when the RSI dips into oversold territory within the green zone. ⚠️ Always DYOR (Do Your Own Research).