INJ has retraced to a key support zone and is showing early signs of recovery, reclaiming its 20-day SMA. With structural strength returning, the $11.00–$11.60 range offers a solid swing entry—contingent on BTC holding key levels.
📌 Trade Setup:
• Entry Zone: $11.00 – $11.60
• Take Profit Targets:
o 🥇 $14.00 – $16.00
o 🥈 $19.80 – $23.00
• Stop Loss: Daily close below $9.50 (Exit early if BTC breaks major support)
📌 Trade Setup:
• Entry Zone: $11.00 – $11.60
• Take Profit Targets:
o 🥇 $14.00 – $16.00
o 🥈 $19.80 – $23.00
• Stop Loss: Daily close below $9.50 (Exit early if BTC breaks major support)
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.