Altcoin Update: INJ Analysis INJ is on a roll! It’s up a li | MYC Signals

Altcoin Update: INJ Analysis

INJ is on a roll! It’s up a little over 32% for the past week, and the bull run doesn’t seem to be losing momentum. The recent surge is primarily driven by the upgrade of its Avalon Mainnet and the integration with Polygon, boosting cross-chain composability in DeFi.

This, combined with the surge in volume traded and the golden cross in the 4-hour chart, informs our bullish view in the medium term. Our entry is just above 8.2 with our target around 10. On the downside, a drop below 7.5 could push INJ back to __ lows.

These are our key levels

R1 8.2
R2 8.7
R3 9.3
R4 9.9

S1 7.5
S2 7.0
S3 6.5
S4 6.0

https://www.tradingview.com/x/a4zUYC9l/