$INJ Analysis â Ascending Channel Breakout Potential đ
INJ is currently trading within a well-defined ascending channel on the 15-minute chart, holding support around $8.10 and eyeing resistance near $8.50.
Whatâs cooking? đ
âą Higher lows and highs confirming bullish momentum â
âą Price is hovering near the upper trendline â a key breakout zone
âą A strong break above $8.50 with volume could push INJ toward $8.70â$9.00 in the short term đ
âą Rejection? Look for a potential bounce at $8.15â$8.20 for another shot âł
Trade Setup đĄ
Wait for a clean breakout + volume confirmation. If $8.50 flips into support, this could be a low-risk, high-reward play with a solid R:R setup âïž
Letâs watch this closely!