📢 $INJ / $USDT | 🔴 SHORT | ⭐ 71.9%
🎯 Target: $4.7972. Is it still falling?
🎯 Trading levels:
🟢 Entry: $4.914
🛑 Stop Loss: $4.9755
🏁 TP1: $4.7972
🏁 TP2: $4.7295
📉 Analysis:
The market structure in $INJ / $USDT confirms a triple-top pattern after sustained selling pressure that invalidates the previous bullish guideline. The MACD shows a bearish crossover with a histogram at -0.0159 (an indicator that measures momentum and trend change), while the ADX at 25.78 indicates moderate trend strength but enough to continue the decline. The convergence of moving averages and the recent absorption of selling reinforce short-term bearish inertia.
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1H
📐 Technical confidence: 3/5
Invalidation of this thesis occurs with a close above the Stop Loss at $4.9755, a level that would cancel the current corrective structure. It’s essential to monitor the breakout volume below the support of $4.912 to confirm continuation of the bearish impulse.
Do you think the current volume is enough to break the $4.912 support?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #INJ #trading #Futures #Bearish
🎯 Target: $4.7972. Is it still falling?
🎯 Trading levels:
🟢 Entry: $4.914
🛑 Stop Loss: $4.9755
🏁 TP1: $4.7972
🏁 TP2: $4.7295
📉 Analysis:
The market structure in $INJ / $USDT confirms a triple-top pattern after sustained selling pressure that invalidates the previous bullish guideline. The MACD shows a bearish crossover with a histogram at -0.0159 (an indicator that measures momentum and trend change), while the ADX at 25.78 indicates moderate trend strength but enough to continue the decline. The convergence of moving averages and the recent absorption of selling reinforce short-term bearish inertia.
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1H
📐 Technical confidence: 3/5
Invalidation of this thesis occurs with a close above the Stop Loss at $4.9755, a level that would cancel the current corrective structure. It’s essential to monitor the breakout volume below the support of $4.912 to confirm continuation of the bearish impulse.
Do you think the current volume is enough to break the $4.912 support?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #INJ #trading #Futures #Bearish
