The $INJ /USDT pair on the 15-minute chart is currently trading at 20.67, marking a significant rise of nearly 20% for the day. This upward momentum indicates strong buying pressure, and INJ is approaching a critical resistance level at 21.26.
A breakout above this resistance could signal a further bullish continuation, potentially drawing in more buyers looking to capitalize on upward momentum. On the downside, the support level is noted at 20.05, a crucial zone for maintaining the current bullish structure.
Traders may consider an entry near the current price with take-profit levels set at 21.00 (TP1), 21.50 (TP2), and 22.00 (TP3) to capture profits at different intervals along the potential uptrend. To manage risk, a stop-loss (SL) is advisable around 19.70 to protect against unexpected downside movement.
This setup provides a balanced approach, leveraging INJ’s current strength while safeguarding against possible pullbacks.
#Therapydogcoin #DogeArmyComeBack #SOLFutureRise #BTCBreaksATH