INJ/USDT — 🔴 SHORT · Conf [65]%
📍 Entry: 7.868 – 7.915
🛑 SL: 8.113
🎯 TP1: 7.497
✅ TP2: 7.182
🏆 TP3: 6.708
Price is below the 15M EMA20 following a rejection from local swing highs, reflecting building downward momentum on the lower timeframe.
About $INJ: Injective is a specialized layer-1 blockchain built for finance, featuring lightning-fast transaction finality and native modules for derivatives trading — though sustained token unlock schedules continue to pressure secondary market liquidity.
Is this 15M breakdown an early continuation of the broader range correction, or just a temporary sweep before buyers reclaim support?
$INJ
📍 Entry: 7.868 – 7.915
🛑 SL: 8.113
🎯 TP1: 7.497
✅ TP2: 7.182
🏆 TP3: 6.708
Price is below the 15M EMA20 following a rejection from local swing highs, reflecting building downward momentum on the lower timeframe.
About $INJ: Injective is a specialized layer-1 blockchain built for finance, featuring lightning-fast transaction finality and native modules for derivatives trading — though sustained token unlock schedules continue to pressure secondary market liquidity.
Is this 15M breakdown an early continuation of the broader range correction, or just a temporary sweep before buyers reclaim support?
$INJ
