🔥 INJ getting crushed — -4.68% drop. Capitulation or buying opportunity?
📊 $INJ — Full Technical Breakdown
💹 Price Action:
• Entry: $8.53 (-4.68% 24h)
• Support: $8.38 | Resistance: $8.97
• Pivot: $8.62
📈 Momentum:
• RSI(14): 49.7 — neutral zone
• MACD bearish crossover, histogram negative - selling pressure
🔗 MA Structure:
• EMA20: $8.52 | EMA50: $8.11
• Golden structure: Price > EMA20 > EMA50. Trend is your friend.
🎯 Actionable Setup:
• Bias: SHORT
• Target 1: $8.97 | Target 2: $9.24
• Stop: $8.21
• R:R = 1:1.4
🔥 Long or short? Drop your thesis below 👇
$INJ $ATOM
#INJ #TechnicalAnalysis #CryptoTrading #PriceAction
📊 $INJ — Full Technical Breakdown
💹 Price Action:
• Entry: $8.53 (-4.68% 24h)
• Support: $8.38 | Resistance: $8.97
• Pivot: $8.62
📈 Momentum:
• RSI(14): 49.7 — neutral zone
• MACD bearish crossover, histogram negative - selling pressure
🔗 MA Structure:
• EMA20: $8.52 | EMA50: $8.11
• Golden structure: Price > EMA20 > EMA50. Trend is your friend.
🎯 Actionable Setup:
• Bias: SHORT
• Target 1: $8.97 | Target 2: $9.24
• Stop: $8.21
• R:R = 1:1.4
🔥 Long or short? Drop your thesis below 👇
$INJ $ATOM
#INJ #TechnicalAnalysis #CryptoTrading #PriceAction