Bullish Perspective

INJ is trading above its critical support at $38 and may rally upon breaking the 0 Fibonacci zone, targeting $60. The Ichimoku Cloud analysis reinforces this bullish outlook, suggesting favorable price forecasts for INJ.

3/14/20241 min read

INJ price chart depicting trading above $38 support. Potential rally upon breaking 0 Fibonacci zone
INJ price chart depicting trading above $38 support. Potential rally upon breaking 0 Fibonacci zone

INJ is currently trading above its key support level of $38. If the price manages to break through the 0 Fibonacci zone, it is expected to initiate a strong upward trend aiming for the $60 target. Furthermore, the Ichimoku Cloud analysis also strongly supports this bullish perspective, indicating a high probability of achieving positive price forecasts for INJ.