đŽ INJUSDT â FUTURES SHORT
Entry Zone: $7.40 - $7.45 (conditional, awaiting retest)
Stop Loss: $7.58
TP1: $7.20
TP2: $7.10
TP3: $7.00
R:R: 1:1.45 to TP1, 1:2.10 to TP2, 1:2.74 to TP3 (midpoint $7.425)
TF: 1H SCALP
INJ spiked twice into the same $7.55 ceiling and got rejected there both times, and that is what makes this short interesting to me.
Why I like this one: the two 1H spikes to $7.555 and $7.554 both closed back well below their highs, and price has since fallen to around $7.38. A retest into $7.40-$7.45 that stalls again gives a clean scalp short, with the first target at $7.20, then $7.10 and $7.00 if sellers take control. This is not a chase â price is below the entry zone now, so the trade only triggers on a retest.
Invalidation: a 1H close above $7.56 breaks the double top and voids this idea â do not hold the short past that.
Analysis Only â Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#INJ #INJUSDT #CryptoTrading #FuturesTrading
Entry Zone: $7.40 - $7.45 (conditional, awaiting retest)
Stop Loss: $7.58
TP1: $7.20
TP2: $7.10
TP3: $7.00
R:R: 1:1.45 to TP1, 1:2.10 to TP2, 1:2.74 to TP3 (midpoint $7.425)
TF: 1H SCALP
INJ spiked twice into the same $7.55 ceiling and got rejected there both times, and that is what makes this short interesting to me.
Why I like this one: the two 1H spikes to $7.555 and $7.554 both closed back well below their highs, and price has since fallen to around $7.38. A retest into $7.40-$7.45 that stalls again gives a clean scalp short, with the first target at $7.20, then $7.10 and $7.00 if sellers take control. This is not a chase â price is below the entry zone now, so the trade only triggers on a retest.
Invalidation: a 1H close above $7.56 breaks the double top and voids this idea â do not hold the short past that.
Analysis Only â Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
#INJ #INJUSDT #CryptoTrading #FuturesTrading
