INJ exhibits aggressive taker selling within a tight range. Buyers are currently struggling to absorb the incoming supply.
$INJ
Bias: Short-term bearish pressure as taker aggression persists.
Trade Plan
Entry: 5.814
SL: 5.834
TP: 5.787 / 4.999
Market Evidence:
• Taker Sell dominance indicates active distribution.
• L/S ratio at 1.36 suggests long-heavy positioning, making price vulnerable to a liquidity flush.
• Price structure remains sideways with limited volatility.
Risk:
• Whale bid walls below could defend price, causing an immediate reversal.
Watch:
Monitor for a clean breakdown below support to confirm downside continuation.
#INJ #CryptoTrading #Orderflow
$INJ
Bias: Short-term bearish pressure as taker aggression persists.
Trade Plan
Entry: 5.814
SL: 5.834
TP: 5.787 / 4.999
Market Evidence:
• Taker Sell dominance indicates active distribution.
• L/S ratio at 1.36 suggests long-heavy positioning, making price vulnerable to a liquidity flush.
• Price structure remains sideways with limited volatility.
Risk:
• Whale bid walls below could defend price, causing an immediate reversal.
Watch:
Monitor for a clean breakdown below support to confirm downside continuation.
#INJ #CryptoTrading #Orderflow
