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](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=1018,h=607,fit=crop/mP4DRvxXEycnaE1Q/2-YBgyvpzGojhBzMEM.png)
![INJ price chart depicting trading above $38 support. Potential rally upon breaking 0 Fibonacci zone](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=328,h=196,fit=crop/mP4DRvxXEycnaE1Q/2-YBgyvpzGojhBzMEM.png)
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.