A signal. The $INJ 4-hour RSI has crashed to 19.8. Deeply oversold.
$INJ 4-hour RSI 19.8. Extremely oversold. Current price 4.39. It fell 3.1% in 24h.
Support 4.34 4.42. Resistance 4.55 4.68.
Fee rate +0.001%. Almost neutral. No one is piling in aggressively at this level. Bulls are waiting, and bears haven’t smashed it too hard.
My view: slightly bullish. An RSI of 19.8 at the 4-hour timeframe is rarely seen. 4.34 just made a new low, and the price hasn’t stabilized yet. But after an extreme oversold condition, the probability of a rebound is higher than the chance of continued decline.
Current price 4.39. Entry 4.35-4.42. Stop loss 4.28. Target 4.55. Risk-reward 1:2.3.
I’m watching. No rush.
$INJ #INJ #Layer1 #oversold_rally
$INJ 4-hour RSI 19.8. Extremely oversold. Current price 4.39. It fell 3.1% in 24h.
Support 4.34 4.42. Resistance 4.55 4.68.
Fee rate +0.001%. Almost neutral. No one is piling in aggressively at this level. Bulls are waiting, and bears haven’t smashed it too hard.
My view: slightly bullish. An RSI of 19.8 at the 4-hour timeframe is rarely seen. 4.34 just made a new low, and the price hasn’t stabilized yet. But after an extreme oversold condition, the probability of a rebound is higher than the chance of continued decline.
Current price 4.39. Entry 4.35-4.42. Stop loss 4.28. Target 4.55. Risk-reward 1:2.3.
I’m watching. No rush.
$INJ #INJ #Layer1 #oversold_rally