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Injective $INJ will soon breakout from one of the strongest resistance it created.
Once this happens, it can easily reclaim $20, $30 and more.
Fundamentals are getting stronger.
So this should be easy.
Check out my previous analysis on what I'm expecting in the next 30 days.
Study @injective


8.8. klo 23.04
🚨 $INJ ABOUT TO BREAK FREE - In about....
(potential) 30 days?
@injective has been fighting this MULTI-MONTH descending trendline for literally almost a year (see those yellow arrows) 📈
What we're seeing:
✅ 3+ years of trendline resistance tests
✅ Each rejection getting weaker (selling exhaustion)
✅ Now sitting RIGHT AT the breakout zone around $16-17
✅ Volume building for the final push
When a multi-year trendline finally breaks, the move is usually HUGEEE!
We're talking about years of pent-up supply being cleared.
Once that resistance becomes support, there's literally NOTHING stopping the rocket ship!
If $INJ can break and hold above this trendline in the next 30 days, we could see a bullish move above $20
FUNDAMENTALS:
$INJ has been one of the strongest DeFi protocols building through this market consolidation.
The fundamentals are there, the chart is coiled, and the breakout is imminent!
DYOR. Study @injective

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