#INJUSDT (11-2024)

INJ is currently priced at $21, trading within a pennant pattern with key support at $15 and resistance at $25. A breakout from this pattern could signal the next strong move. If INJ breaks above $25, it could see a continuation of its uptrend, potentially reaching higher targets. However, if it breaks below $15, it may enter a downtrend, prompting caution.

Pennant patterns often precede significant price moves, so INJ is one to watch for potential breakout trades.

When we recommend adding a coin to your watchlist, it's typically due to forming a pattern, nearing a historical bottom, or approaching a strong support level. It may also show increased trading volume, reversal candles, or be in an accumulation stage. While we haven't observed a bullish reaction yet, we advise monitoring it until an optimal entry point emerges.

PS:
We avoid trading coins associated with gambling, prostitution, human trafficking, etc.

Note:
This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks.

Best wishes to all,
we ask Allah reconcile and repay. 🙏

Trend Analysis

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