INJ/USDT Weekly Outlook – Holding the Golden Zone!

📊 Complete Technical Analysis:

INJ/USDT is currently sitting at a critical weekly demand zone between $7.50 – $9.00, an area that has consistently triggered strong bullish reversals since mid-2022. This yellow zone represents a historical accumulation range, where buyers have stepped in aggressively during past dips.

The structure is forming a potential Double Bottom or even a base accumulation pattern, which often precedes explosive upward movements.


🟢 Bullish Scenario (Optimistic Outlook):

If price continues to hold above this key support, a bullish reversal is highly probable.

🔼 Upside Targets:

1. First Target: $12.97 – initial resistance level

2. Mid Target: $16.12 – previously a strong distribution zone

3. Major Target: $32.75 to $43.09 – major resistance from the last peak phase


💡 Bullish Confirmation:

Weekly candle closes above $12.97 with volume

Bullish price action near the support zone

Formation of higher lows on the weekly chart


Once price breaks above $16.12, INJ could accelerate toward the $30–$40 range.



🔴 Bearish Scenario (Caution Required):

However, if price breaks down below the $9.00 support zone with strong volume and a full-bodied weekly candle close, downside risk increases.

🔽 Bearish Targets:

$7.50 – psychological support

$5.00 – deeper support zone

$1.12 – extreme scenario (previous macro bottom)


⚠️ Bearish Signs:

Strong rejection at $12.97

Weekly close below the yellow demand zone with significant sell volume


📉 Market Psychology & Pattern Insight:

The market is in a highly emotional phase, but accumulation signs are visible.

Retail traders may panic near $9.00, but smart money often buys quietly in these zones.

This is a "patience zone" — where big moves are quietly prepared before launching.


📎 Conclusion:

> INJ is currently testing a powerful historical support zone. A breakout above $12.97 could trigger a multi-leg rally toward $30–$43. However, a breakdown below $9.00 would invalidate the bullish setup and call for caution.

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