🔥 $INJ /USDT — Bulls Are Back, But Can They Keep the Momentum Alive? 🚀
INJ is showing a strong recovery, climbing from $6.417 to $7.638 with consecutive bullish candles. Buyers are stepping in aggressively, and the latest upward move suggests strengthening short-term momentum. But there’s one thing I’m watching closely: RSI(6) is around 91.7 and RSI(14) near 79.2, indicating overbought conditions. A short pullback could happen before the next move.
📊 Trade Setup
🟢 LONG: $7.50–$7.62
🎯 TP1: $7.75
🎯 TP2: $7.90
🛑 SL: $7.35
💡 My suggestion: Avoid chasing the current green candle. Wait for a retest around $7.50–$7.60 with stable volume. A clean break above $7.695 could open the door toward $7.75 and $7.90, while losing $7.35 would weaken the setup.
❓ Can INJ break $7.695 and continue higher, or will overbought conditions trigger a cooldown?
DYOR • NFA
TRADE FROM HERE 👇👇
$BTW
$MAGIC
INJ is showing a strong recovery, climbing from $6.417 to $7.638 with consecutive bullish candles. Buyers are stepping in aggressively, and the latest upward move suggests strengthening short-term momentum. But there’s one thing I’m watching closely: RSI(6) is around 91.7 and RSI(14) near 79.2, indicating overbought conditions. A short pullback could happen before the next move.
📊 Trade Setup
🟢 LONG: $7.50–$7.62
🎯 TP1: $7.75
🎯 TP2: $7.90
🛑 SL: $7.35
💡 My suggestion: Avoid chasing the current green candle. Wait for a retest around $7.50–$7.60 with stable volume. A clean break above $7.695 could open the door toward $7.75 and $7.90, while losing $7.35 would weaken the setup.
❓ Can INJ break $7.695 and continue higher, or will overbought conditions trigger a cooldown?
DYOR • NFA
TRADE FROM HERE 👇👇
$BTW
$MAGIC