🔥 INJ GETTING HAMMERED — down 5.52%. Capitulation or buying opportunity?
📊 $INJ — Detailed technical analysis
💹 Price action:
• Entry: $6.96 (-5.52% in 24h)
• Support: $6.42 | Resistance: $7.46
• Pivot: $6.95
📈 Momentum:
• RSI(14) at 33.3 — Weak momentum. Sellers are in control.
• Deeply negative MACD histogram — distribution phase.
🔗 MA structure:
• EMA20: $7.30 | EMA50: $6.66
• Price rejected at EMA20. Bears are holding the line.
🎯 Trade setup:
• Bias: SHORT
• Target 1: $7.46 | Target 2: $7.69
• Stop loss: $6.29
• R:R = 1:0.7
🔥 LONG or SHORT? Comment below 👇
$INJ $ATOM
#INJ #PhanTichKyThuat #CryptoTrading #PriceAction
📊 $INJ — Detailed technical analysis
💹 Price action:
• Entry: $6.96 (-5.52% in 24h)
• Support: $6.42 | Resistance: $7.46
• Pivot: $6.95
📈 Momentum:
• RSI(14) at 33.3 — Weak momentum. Sellers are in control.
• Deeply negative MACD histogram — distribution phase.
🔗 MA structure:
• EMA20: $7.30 | EMA50: $6.66
• Price rejected at EMA20. Bears are holding the line.
🎯 Trade setup:
• Bias: SHORT
• Target 1: $7.46 | Target 2: $7.69
• Stop loss: $6.29
• R:R = 1:0.7
🔥 LONG or SHORT? Comment below 👇
$INJ $ATOM
#INJ #PhanTichKyThuat #CryptoTrading #PriceAction