INJ has hit a new ATH in past hour, albeit by 0.49c but the key thing here is that $1.40 resistance has now flipped to support. With this new support level, I would expect for the next upper resistance level to be around $1.60.
On October 23, INJ was strongly rejected at the 1.2$ zone and there is certainly strong selling that could push INJ back to the support just formed at 0.9$ or deeper
If the 1.2$ zone is broken, INJ will easily move up to the 1.7$ zone
📈BUY- LONG
-Buy close to 0.9-0.95$, stoploss if B
📉SELL-SHORT
-Sell: 1.15-1.2$, stoploss if A
-Sell: 1.7-1.75$, stoploss if...
