Injective (INJ) is nearing a key support zone that aligns with the 61.8% Fibonacci retracement level. This confluence area around $10.20–$11.30 offers a strong setup for a potential long swing trade.
📌 Trade Setup:
• Entry Zone: $10.20 – $11.30
• Take Profit Targets:
o 🥇 $14.00 – $16.00
o 🥈 $20.00 – $23.00
• Stop Loss: Daily close below $9.00
📌 Trade Setup:
• Entry Zone: $10.20 – $11.30
• Take Profit Targets:
o 🥇 $14.00 – $16.00
o 🥈 $20.00 – $23.00
• Stop Loss: Daily close below $9.00
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.