INJ has broken out of a long-term descending channel, indicating a shift towards bullish market sentiment and technical outlook.
Currently priced at 12.73 USD after a 15.26% daily increase, INJ bulls are eyeing resistance levels at 14.16 USD and 15.43 USD as potential targets.
With positive funding rates and large orders from whales, trader confidence is high, suggesting a strong bullish sentiment that could lead to increased volatility.
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