I fumbled $INJ by selling the first breakout.
Closed too early. Brutal. ๐
Now itโs at $6.54, up 15.72% today with $25.72M traded, and the last 4h candle window added 14.4%. Volume is running 2.8x the 20-day average, price is above both the 20D and 50D moving averages, and the RSI is already 69.
This is real momentum, but longs are paying 0.010% funding and itโs only 6% below the 30D high. I watched the same kind of chase happen with $XRP and still repeated it here.
If $INJ reaches $7, Iโm trimming into strength instead of pretending Iโll nail the top. Lesson learned, maybe. ๐ฅ
#Injective #DeFi
Closed too early. Brutal. ๐
Now itโs at $6.54, up 15.72% today with $25.72M traded, and the last 4h candle window added 14.4%. Volume is running 2.8x the 20-day average, price is above both the 20D and 50D moving averages, and the RSI is already 69.
This is real momentum, but longs are paying 0.010% funding and itโs only 6% below the 30D high. I watched the same kind of chase happen with $XRP and still repeated it here.
If $INJ reaches $7, Iโm trimming into strength instead of pretending Iโll nail the top. Lesson learned, maybe. ๐ฅ
#Injective #DeFi