INJ/USDT Bullish Strategy with Defined Targets and Risks

The technical report for INJ/USDT on Binance as of July 26, 2025, presents a bullish outlook supported by a series of higher highs and higher lows, with current trading at 14.387 USDT, above the Ichimoku cloud and Tenkan-sen at 14.29. Market sentiment is optimistic with a Fear & Greed index at 64, and funding rates near zero after a prolonged period of high longs, indicating reduced over-enthusiasm. Open interest is gradually increasing, reflecting continued interest without excessive leverage. Key support levels are identified around 12.87–13.00, with targets set at previous highs of 15.20, 16.80, and 18.60 for long entries. Caution is warranted for short positions, possibly triggered by false breakouts below 15.48 or structural breaks below 13.32. Risk management emphasizes limiting exposure to 1% of capital and adjusting position size based on ATR, with considerations for market overheating if funding rates rise again. Overall, the recommendation favors buying on dips around 13.3–13.6 with defined profit targets, while short positions are only considered with clear confirmation of trend reversal.