Analysis of INJ/USDT (Daily Chart)



1. Technical picture:

The price is moving in an ascending channel (support ~ $12.0, resistance ~ $15.4).

The potential growth is marked on the chart: target ~ $30–35 ( growth +100% ).

Indicators:

Ichimoku – the price is at the edge of the cloud, a breakout upwards is possible if it consolidates above $13.5–14.0.

MA7, MA25, MA99 – a cluster of moving averages, indicating a phase of consolidation.

Parabolic SAR - under the candles, supporting the bullish scenario.

2. Levels:

Support: $12.0 – $11.5

Key support: $6.25 ( lower channel )

Resistance: $14.2 – $15.4

Channel breakout target: $30–35

3. Withdrawal:

As long as the asset stays in the channel, upward movement looks likely. A breakout at $14.5 will open the way for a +100% increase. However, a loss at $12.0 poses a risk of correction.
INJ1.71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)