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Injective $INJ Trade setup and price Prediction.
Inj is consolidating a inside a falling wedge chart pattern followed by multiple higher higher highs and higher lows. INJ pump nearly 13% today after the network upgradation on EVM.
If INJ breaks and closes above this trendline boundary, it could extend the rally toward the key psychological level at $5.4
The Relative Strength Index (RSI) reads 45, pointing upward toward the neutral level of 50, indicating fading bearish momentum. For the bullish rally to be sustained, RSI must move above the neutral level of 50. The Moving Average Convergence Divergence (MACD) showed a bullish crossover on Saturday, further supporting the positive outlook.