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Injective is up 11.46%, trading around $8.27 after bouncing strongly from the $7.14 area. The daily structure remains constructive, with the Super trend holding bullish at $6.485.
Key levels I'm watching:
Support: $7.80 to $7.36
Major support: $6.48
Resistance: $8.37
Next hurdle: $8.83
Major target: $9.41
A clean break above $8.37 could open the way toward $8.83 and potentially $9.41. Rejection here may bring another retest of support.
Credit to INJ buyers for defending the structure. Now the focus is on turning $8.37 into support.
$AMD