Injective- Good buy for 50% rise

11 lipBack in winter, when everyone was super bullish and the hype around some coins, particularly INJ, was incredible, I predicted that the coin could drop to 20.
Indeed, since then, INJ/USDT has dipped into that zone several times and even fell below 20 recently.

Although I don't see INJ reaching 100 or achieving the lofty multipliers that some people dream of when trading crypto, I believe this is a good opportunity for a buy trade with a potential 50% gain.

Technically, the 20 zone is now a very strong support level and also coincides with an old congestion zone, which should provide additional support.

In conclusion, I'm looking to buy around 20, and by setting a stop loss just below the recent spike down, a risk-to-reward ratio of more than 1:2 could be achieved with this trade.