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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.