Strong bullish breakout: INJ’s price breakout from a symmetrical triangle pattern marks a significant bullish momentum. This move signifies market participants’ conviction in the asset’s potential, driving it from sideways Movement to upward trajectory. Traders now focus on KEY levels to guide their next steps.
Support and resistance significance: The range between 30.00 USD and 39.89 USD is pivotal for INJ. The price recently faced resistance near 39.89 USD, typical after a rally. However, maintaining above 30.00 USD could encourage further advances, with traders keenly watching trading volumes for cues.