Frequent questions in the comments—I'll answer them one by one.
Q:
$INJ where to short on the rebound?
A: RSI is at 66—it's hot, almost too hot. This rally was too fast. The rebound to 5.77 is the short entry point; stop-loss at 5.95; watch for a move down to 5.60. Remember: this is a counter-rally short, not a trend short. Take profit when it’s good—don’t get greedy at the end.
Q: Can $MATIC still be held?
A: MACD has a bearish cross and is moving downward. The rebound to 0.3847 is the short entry point; stop-loss at 0.3963; watch for 0.3774 below. Trade this for the next couple of weeks—don’t hold long term. Overnight risk on shorts is high.
Q: Should
$DOT exit first? Stop-loss is 1.13. If price goes back above, admit you’re wrong. Fighting stubbornly against the trend is the most expensive habit.
Even though the price is still above the 20-day line at 5.64, it’s very close. If it breaks below, that’s where the bears start to push.
Don’t heavily size your short positions. This is trading a pullback—not a trend short. Take profit when it’s good.
The moving averages are tangled up: they can’t hold it down, but they also can’t support it. The short-term range is very clear: support at 0.3774, resistance at 0.3847. If the rebound can’t break through resistance, that’s your short entry.
If you find this useful, share it with friends who are still losing.
#INJ #MATIC #bullmarket
$INJ $MATIC
$DOT