INJ breaks key resistance after a prolonged downtrend, signaling a potential rally, though bearish signals suggest caution.
he price of INJ has been moving within a descending channel since early 2024, consistently encountering resistance at the upper boundary.
This statement suggests that the recent breakout could lead to further upward movement, possibly driving INJ to new all-time highs in the near future.with a 24-hour trading volume of $123,273,162. This represented a slight decline of 1.31% in the past 24 hours, per Coingecko. The next major resistance levels to watch are within the $32.50-$35.00 range. If INJ continues to recover and manages to break through this resistance, it could open the door for further gains.
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