The analysis focuses on the INJ/USDT pair using a 4-hour chart. It identifies a five-wave move up from the April low followed by a three-wave move down. The current tracking is similar to the AVAX chart. The analysis suggests a potential for a five-wave move up from the June low, marking waves one, two, and three, with a possible wave four. It considers a protracted ABC correction. The analyst suggests that the market ideally should hold around the 61.8% to 78.6% Fibonacci retracement levels of the B-wave pullback. The analyst mentions that the bulls should show up around the Fibonacci retracement levels.