INJ is the biggest gainer in today's top 8 — up a massive 18.9% with the highest RSI(4H) at 84.2. This is full-blown FOMO territory. 🔥
At $6.189, INJ has rocketed past SMA7 ($5.735), SMA25 ($5.167), and SMA99 ($4.989). Volume is 2.6x normal — this is the kind of move that defines a trend change. L/S ratio at 1.51 confirms bullish bias without extreme overcrowding.
📊 Why This Trade?
RSI at 84 screams overbought, but in strong momentum moves, overbought can stay overbought for days. The key is NOT chasing at the top — waiting for a pullback to the $6.08 entry zone (previous resistance turned support) gives a much better risk/reward. Confidence at 88% — highest in today's set.
🎯 Trade Plan (LONG on pullback):
• Entry: $6.079 – $6.299
• Stop Loss: $5.751 (below SMA7 — momentum break)
• TP1: $6.437 | TP2: $6.684 | TP3: $6.932
• Confidence: 88%
The best trade in crypto: strong coin, strong volume, strong trend. Just don't chase green candles.
🤔 INJ to $7 or $8 this cycle? What is your target? 👇
#INJ #Injective #DYOR
⚠️ Not financial advice. Always do your own research and manage risk responsibly.
At $6.189, INJ has rocketed past SMA7 ($5.735), SMA25 ($5.167), and SMA99 ($4.989). Volume is 2.6x normal — this is the kind of move that defines a trend change. L/S ratio at 1.51 confirms bullish bias without extreme overcrowding.
📊 Why This Trade?
RSI at 84 screams overbought, but in strong momentum moves, overbought can stay overbought for days. The key is NOT chasing at the top — waiting for a pullback to the $6.08 entry zone (previous resistance turned support) gives a much better risk/reward. Confidence at 88% — highest in today's set.
🎯 Trade Plan (LONG on pullback):
• Entry: $6.079 – $6.299
• Stop Loss: $5.751 (below SMA7 — momentum break)
• TP1: $6.437 | TP2: $6.684 | TP3: $6.932
• Confidence: 88%
The best trade in crypto: strong coin, strong volume, strong trend. Just don't chase green candles.
🤔 INJ to $7 or $8 this cycle? What is your target? 👇
#INJ #Injective #DYOR
⚠️ Not financial advice. Always do your own research and manage risk responsibly.