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Injective Completes Inverse Head and Shoulders Pattern: Is $17 the Next Target?

  • Injective (INJ) has completed an inverse head and shoulders pattern with the price holding above the neckline, suggesting a bullish trend.
  • INJ is currently trading between $12.94 and $14.87, showing a strong upward trend with an 11.75% daily gain.
  • The market cap of Injective has reached $1.44 billion with a trading volume of $256.63 million, indicating significant market momentum.
  • Market analysts project INJ's price movement towards the $17 level as it holds above the previous resistance, now turned support.

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