Injector struggles in the crucial zone of $ 12.5, can bulls recover $ 14?

Injector struggles in the crucial zone of $ 12.5, can bulls recover $ 14?

TL; Dr.

  • ING defends the support zone of $ 12.5; The failure risk $ 11.5, while recovering $ 14 could relive the bullish impulse.
  • The analyst Ali Martínez warns about an upward triangle, mapping goals down $ 8.22.
  • The activity in the chain increases with $ 62.6b negotiated, while the SC reviews a proposal for a possible ING ETF.

ING is kept in the key support

The injective (ING) is quoted to around $ 13, which shows a daily decrease of 2% and a weekly drop of 2%. The Token remains above the support band of $ 12.5– $ 12.7, an area that has acted as a basis in recent sessions. Alpha Crypto Signal analyst described this level as decisive.

“If buyers defend this area, a short -term rebound is possible towards 13.1–13.9,” they said.

However, a breakdown could send the price to the area of ​​$ 11.8– $ 11.5, where the previous consolidation took place.

The daily table shows EMA 9 to $ 13.09 and SMA 50 to $ 13.92, forming the first resistance group above the current levels. An impulse through this area would be the first step towards recovery.

The crypt alpha signal was added,

“The structure remains neutral to the load unless Imp recovers 14+ with a strong volume.”

Until that happens, the price action is still fragile, with $ 12.5 as a makeup point or broken.

GUBLOSE BASTE SCLUDE

Martínez presented a different opinion, pointing out a collapse of an ascending triangle that had guided Ini since March. The loss of the line of trend, he said, confirms a bearish change.

It marked possible levels of setback at $ 11.66, $ 10.53, $ 9.51 and $ 8.22. “This breakdown establishes INS for a movement towards $ 8”, said. His picture suggests that temporary rebounds may occur, but the general pressure remains at the disadvantage unless the trend line is recovered.

Market activity and community updates

While merchants discuss the short -term direction, the injective ecosystem continues to expand. The analyst Cryptobusy observed that each important rally in ING has begun with extended consolidation, followed by a strong expansion. He pointed out that impulse indicators such as the MACD are flattening, which could insinuate a change.

In other places, Renksi reported $ 62.6 billion in chain negotiation volume, citing a constant flow through operations, burns and blocks. The injective itself confirmed that the SEC opened a period of comments on a possible ETF Injy and that community members have launched new initiatives in Japan.

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