INJUSD 3.05 is the target but wait for break or pullback

25 בינו׳ 2023

INJUSD the symbol of the Injective coin is rising parabolically and this is not the first time we see it on such a strong rise inside the accumulation pattern since May. Basically the Resistance levels are harmonic and we can see the pair getting rejected because of the 2.5050 harmonic Resistance. This RSI though is different that the parabola of August so this time be ready to buy the break of 2.5050 or better yet a 1day MA50/200 pullback if the parabola breaks downwards.

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