INX is facing a major resistance zone after a sharp rally, and momentum is beginning to look stretched. While the overall trend remains bullish, an overbought RSI increases the probability of a short-term correction if buyers fail to break higher.
$INX/USDT – SHORT
Trade Plan:
Entry: 0.00950 – 0.00965
SL: 0.00990
TP1: 0.00910
TP2: 0.00870
TP3: 0.00830
Why this setup?
Price is testing a strong resistance area near 0.00950–0.00960 after an extended rally.
RSI is around 77, suggesting the market is overbought and vulnerable to profit-taking.
A rejection from current levels could trigger a pullback toward the EMA support zone.
If price breaks and holds above 0.00990, the bearish setup would be invalidated and further upside would become more likely.
Debate:
Will INX face a rejection from resistance and start a healthy correction, or will buyers push through 0.00990 and continue the bullish trend?
Click here to Trade 👇️
$INX
$INX/USDT – SHORT
Trade Plan:
Entry: 0.00950 – 0.00965
SL: 0.00990
TP1: 0.00910
TP2: 0.00870
TP3: 0.00830
Why this setup?
Price is testing a strong resistance area near 0.00950–0.00960 after an extended rally.
RSI is around 77, suggesting the market is overbought and vulnerable to profit-taking.
A rejection from current levels could trigger a pullback toward the EMA support zone.
If price breaks and holds above 0.00990, the bearish setup would be invalidated and further upside would become more likely.
Debate:
Will INX face a rejection from resistance and start a healthy correction, or will buyers push through 0.00990 and continue the bullish trend?
Click here to Trade 👇️
$INX