$INJ is forming an inverse H&S — breakout could send it to $41 soon
Injective is forming an inverse H&Spattern, but the breakout is not confirmed yet.
Daily close above $16.20 is needed to confirm breakout. If it holds, the setup targets a move toward $41+.
Structure Highlights:
- Rising trendline support intact
- Two retests of the neckline
- Current zone = pre-breakout compression
Post-Breakout Targets: $26.36/$34.32/$41.36
Note: Until breakout, this is a speculative accumulation zone with some risk. Break below $12 invalidates the setup.
#Injective @injective
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