📈 Current Analysis of $INJ on the 1D Chart:

📈 Current Analysis of $INJ on the 1D Chart:

The market shows a bullish outlook, but there's a notable resistance area above where a recent strong rejection occurred, though the price appears to be rebounding. As such, an upward trend continuation seems likely.

📉 Bearish Order Block Observed at 16.301:
This zone has historically triggered multiple reversals upon retests, so entering long positions should wait for a decisive breakout confirmation.

↗️ Potential Upside:
Once the price consolidates above 16.301, further upward movement is anticipated.

After a correction, the market found support and established a buyer zone around 11.890. This level is now acting as a key support, meaning short positions would only be viable if this level is breached.

↘️ Downside Risk:
If the price consolidates below 11.890, bearish momentum may ensue.

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