Technical analysis by TenderTown about Symbol INJ: Buy recommendation (11/23/2025)

This idea focuses on how volatility expansion behaves around major structural levels on INJ using the three day and weekly charts. The first key reference point is the 2023 bottom on the left side of the chart. Price produced a cluster of exhaustion style candles, volume spiked, and volatility was compressed before a full expansion cycle began. That entire sequence is included as a historical example of how volatility expansion typically starts from deep compression and reclaimed structure. The second and most important focus is the current setup. Price has retraced directly into the same major support shelf that launched the previous expansion cycle. The yellow arrows on the weekly chart highlight the structural zone and how cleanly price is retesting it. This level also aligns with the seventy eight six retracement, giving both structural and fib confluence. The volatility panels show compression building again. Momentum is fading into support and historical volatility is sitting at the lower end of its range. This type of environment has repeatedly been the base condition for volatility expansion to occur when support holds. On the right side of the chart the fib projections outline the potential expansion legs. Eleven point three seven one and fifteen point seven six nine are the initial targets if price stabilizes above support. Twenty four point four three five and fifty five point two eight seven represent extended cycle targets based on prior expansion behavior. The idea is simple. Price is retesting a major level with volatility compressed. Historically this combination has led to strong expansion cycles. The next move depends on whether this structural shelf holds or fails.