Injective (INJ) has risen about 40% over the past four weeks, and based on the latest action of the chart, it looks like the rally can just start. After months of steady decline within a falling trend, the price of damage finally shows the signs of a breakout that can move the trend in a big way.
According to the Zayk charts, the chart shows injective trading within a clear downward channel since late 2024. This type of prefunction often reflects a controlled downtrend, where each bounce is sold and prices continue to grind less. But in the end, these patterns run out of steam, and when that happens, the breakout can be fast and aggressive. That's exactly what is happening now.
The price of the damage broke from the downtrend
The price of the damage is already damaged above the upper border of Descending channel In the sun -day chart. This move looks strong, with the injection that tends to close tightly above the level of primary resistance for the first time in the months. This breakout can sign the start of a larger transition to the reverse.
Zayk chartsposting a chart that shows this setup, pointing out that the breakout is clean and technically convinced. He noted that the breakout would come after a few months of declining price action, meaning momentum could be flipping in favor of bulls. In his words, he expects a “massive bullish wave” to follow.
How high is going to the injection?
The green target zone drawn on the Zayk charts chart suggests that the price of damage can climb to $ 18. That represents a wonderful 82% gain from the breakout area near $ 10. Nor is this a random number. That level corresponds to an earlier resistance zone from early 2025, giving it a technical relationship added.
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Breakouts like these often pull new buyers awaiting confirmation that the pace has changed. If the volume continues to form and the injective will remain above the old channel resistance, this may be the start of a larger rally. Setup is one that has experienced entrepreneurs tend to be taken seriously.
The Zayk charts are monitoring this pattern closely, and with the injection showing the modified strength, his call for a continuation of continuity looks good. So far, all eyes are in how the damage acts around $ 10.50 to $ 11.00 zone, but if the bulls continue to push, the $ 18 target may be seen earlier than expected.
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