Injective (INJ) Looks Set for Multiple Trading Scenarios in an Uptrend

Injective (INJ) is an open, compatible first-layer fintech platform optimized for Web3 finance. It offers developers ready-to-use modules for launching a wide range of smart contract-supported applications, including decentralized spot exchanges, derivatives exchanges, prediction markets, lending protocols, and more. The chart indicates a consolidation phase within an overall upward trend. Key features include clearly visible multiple operational levels relevant to both market sides, and the formation of promising setups suitable for both long and short positions. The analysis explores several scenarios: 1. Long trade from the trap sub-structure at 10.348, considered a strong position due to its alignment with a daily stop volume, with a stop-loss slightly below at 9.893, and a temporary target of 11.951. 2. Long trade from the same stop volume trap sub-structure at 9.935, with a stop-loss at 8.726 and a target of 11.464. 3. Short trade from the stop volume level at 14.059, with a tight stop-loss above at 14.472, aiming for a target of 12.745. 4. Short trade from the trap structure at 14.680, with a stop-loss above at 15.570, targeting 11.963. Alerts are set near key levels for all open positions to monitor these critical points. Investors should keep a close eye on these levels for timely actions.