On the 5M timeframe, #INJ is reacting from the 5.10–5.15 support zone and showing a strong bounce. Price is now trying to move higher from this level. My view: INJ is bullish while 5.00 holds 📈 If price holds above this zone, the next move can be toward 5.30 – 5.40. Below 5.00, the setup may turn bearish.
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.
$INJ 5M Update ✍️
On the 5M timeframe, #INJ is reacting from the 5.10–5.15 support zone and showing a strong bounce.
Price is now trying to move higher from this level.
My view:
INJ is bullish while 5.00 holds 📈
If price holds above this zone, the next move can be toward 5.30 – 5.40.
Below 5.00, the setup may turn bearish.