Crypto
INJ Price Trapped Between Bulls and Bears at $7.56
The price of INJ has been stuck at $7.56 for the past day, creating a stalemate between bulls and bears.
Despite this calm on the surface, top traders are still holding 60.5% long positions, indicating a bullish thesis from smart money.
The Stochastic oscillator is flashing an oversold signal, suggesting that INJ could soon break out of its current range.
The Bollinger Band framework suggests that the upper band at $8.99 is the next target if bulls regain control.