Injective Eyes $17.59 Target as Bullish Momentum Rebuilds
I see INJ targeting $17.59 within the next week as bullish momentum rebuilds after a recent 6.34% pullback from the current $14.34 level.
Technical indicators suggest upside continuation despite the short-term dip, making this a potential momentum trade opportunity.
I remain cautious about volatility and recommend disciplined position sizing and stop placement if entering before clearer confirmation.
Analysis
INJ has pulled back to $14.34 (-6.34%) but technical signals point to renewed bullish momentum and a near-term upside target of $17.59; short-term volatility remains a key risk.
Recommendation
I recommend a buy stance for short-term traders targeting $17.59, using tight risk controls and a stop below recent support to manage volatility.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.