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NJ | Support Reclaim Compression | $34.6
Market Read
INJ is pulling back into a support-reclaim compression zone after a recent expansion. Structure still leans bullish as long as buyers defend this range.
Key Levels
🟢 Demand zone: 33.8 – 32.9
🛡 Structural support: 31.5
🔴 Reclaim trigger: 35.7
🎯 Upside targets: 37.9 / 40.6 / 44.2
Structure Signal
Price is compressing above trend support instead of breaking down — a pattern that often leads to continuation.
Bull Scenario
If 35.7 breaks:
First push toward 37.9
Continuation into 40.6
Momentum extension could reach 44.2
Risk Scenario
If 33.8 fails:
Pullback toward 32.9 likely
Lose 31.5 → correction risk increases
Momentum Pulse
RSI resetting in a healthy range
MACD close to a bullish curl
Volume suggests dips are being absorbed, not sold aggressively
Execution Plan
Support bid: around 33.8
Breakout entry: above 35.7
Invalidation: below 31.5
Bias Score: 8.0/10 Bullish
INJ is sitting in a support-reclaim compression setup. 35.7 is the unlock level — flip it, and momentum could resume quickly.
$INJ
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