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R.Linda Trading - forecast

INJUSDT → Interested buyer. Ready to rise to 43.0?

2024-06-11 10:10 CRYPTO forecast

💡 Ideas For INJUSDT 💰

📈 INJUSDT → Interested buyer. Ready to rise to 43.0?

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INJ looks stronger than bitcoin and the crypto market. Against the background of the general decline, the coin is growing and this is a rather strong premise.

The price may return to the range of 29.0 - 43.0

snapshot

On D1, a pre-breakout setup is forming regarding the 29.2-29.45 area. If the price can consolidate above this area, then further traders will open bullish potential, the target of which could be a rise towards resistance (intra-range movement). The coin looks green in the red market and it means that someone is interested in it (big player). On the overall negative fundamental background there is a risk that the coin will go down, but for now I am looking out for further upside.

*The long scenario will be broken if the price closes below yesterday's opening.

Resistance levels: 33.62, 43.4

Support levels: 29.21, 29.85

The potential is there. It can be realized if the bulls hold the defense above the key support area.

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