INJ 8H – Bounce Off Rising Trendline Now Testing Key Horizontal INJ / TetherUSBINANCE:INJUSDTBKVIPINJ on the 8H timeframe is currently trading around 3.716 after a strong rally from the rising trendline that pushed price to a spike high near 4.100 before pulling back sharply. Price retraced back toward the rising trendline from the April lows, found support, and has since recovered back toward the 3.700–3.750 horizontal resistance zone that has acted as a ceiling multiple times throughout this chart. The rising trendline has been respected consistently since early April, producing higher lows at every touch. Key Levels To Watch 4.100 → Spike high, major resistance above 3.750–3.760 → Horizontal resistance, current test zone 3.600 → Minor support, prior reaction zone 3.400–3.420 → Rising trendline support (dynamic, climbing) 3.200 → Prior consolidation support below trendline Below 2.840 → Full structure breakdown The rising trendline has guided every higher low since early April and price has now recovered from the post-spike pullback back into the key resistance zone. A clean break and close above 3.760 would clear horizontal resistance and open room toward a retest of the 4.000–4.100 spike area. Failure to break above 3.760 and a pullback below 3.600 shifts focus back to the rising trendline near 3.400–3.420 as the next key support. This is a key resistance test following a trendline bounce. Break above 3.760 → resistance cleared, eyes on 4.000–4.100. Reject at 3.760 → pullback toward trendline at 3.400–3.420. Structure bullish above rising trendline. Bias shifts only on confirmed trendline breakdown.