INJ Builds Momentum, OP Shows Bullish Divergence: What’s Next?
- Injective approaches key resistance at $13.50, signaling a possible breakout ahead.
- Optimism forms bullish divergence as RSI rises despite flat price near 600 sats.
- Both INJ and OP show trend reversal signs backed by volume and higher low patterns.
Injective (INJ) and Optimism (OP) are both drawing attention as technical indicators flash early signs of bullish reversals. While broader crypto markets remain mixed, these two tokens are showing promising patterns. INJ, in particular, has staged a notable comeback from its recent lows, while OP presents a classic case of bullish divergence.
Injective Attempts Breakout from Local Resistance
Injective has experienced a surge in buying interest, rising over 1.7% in the last 24 hours to trade at $13.10. This move marks a 10% increase over the past 30 days, and more importantly, puts INJ near a key technical zone at $13.50. Crypto Rand highlighted that this level represents a local downtrend resistance that INJ is now testing.
Significantly, the price recently rebounded from the $10.70 to $11.00 support range. This bounce confirmed a higher low, signaling a short-term bullish structure.
If INJ can break thr…
The post INJ Builds Momentum, OP Shows Bullish Divergence: What’s Next? appeared first on Coin Edition.
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INJ Builds Momentum, OP Shows Bullish Divergence: What’s Next?
- Injective approaches key resistance at $13.50, signaling a possible breakout ahead.
- Optimism forms bullish divergence as RSI rises despite flat price near 600 sats.
- Both INJ and OP show trend reversal signs backed by volume and higher low patterns.
Injective (INJ) and Optimism (OP) are both drawing attention as technical indicators flash early signs of bullish reversals. While broader crypto markets remain mixed, these two tokens are showing promising patterns. INJ, in particular, has staged a notable comeback from its recent lows, while OP presents a classic case of bullish divergence.
Injective Attempts Breakout from Local Resistance
Injective has experienced a surge in buying interest, rising over 1.7% in the last 24 hours to trade at $13.10. This move marks a 10% increase over the past 30 days, and more importantly, puts INJ near a key technical zone at $13.50. Crypto Rand highlighted that this level represents a local downtrend resistance that INJ is now testing.
Significantly, the price recently rebounded from the $10.70 to $11.00 support range. This bounce confirmed a higher low, signaling a short-term bullish structure.
If INJ can break thr…
The post INJ Builds Momentum, OP Shows Bullish Divergence: What’s Next? appeared first on Coin Edition.
Read More