INJUSDT: Thorough Analysis and Trade Setup.

Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.

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Now, let’s dive into this chart analysis:

According to our previous analysis on INJ, we successfully hit our short-term and major targets ranging between $29.069 to $30.512. The long-term targets are still the same as mentioned previously.

Current scenario:
The price action is constrained within a descending channel, highlighted by two parallel black lines. This channel has guided the price movement downward, indicating a bearish trend over the past few months.

At present, INJ needs to break above the $28.062 and $30.512 resistance levels, which could signal the beginning of a new bullish trend. The best accumulation zone around $16.708 to $18.437 offers a strategic entry point for long-term investors.

Entry Range 1: $20 to CMP.
Entry Range 2: $16.708 to $18.437.

Targets:

- T1: $28.247
- T2: $30.512
- T3: $38.703
- T4: $50.578
- T5: $70.007

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