$INJ
long 10x | Demand zone active, patience is key.
The INJ pulls back to the demand zone I expected. I’m already in the trade, but this will remain valid only as long as buyers keep defending this area.
Trading plan:
- Entry: 7.68000 – 7.72600
- Target 1: 7.87100 (Return/Risk ratio: 1:0.8)
- Target 2: 7.98300 (Return/Risk ratio: 1:1.3)
- Target 3: 8.15100 (Return/Risk ratio: 1:2.0)
- Stop loss: 7.47900
Why this setup?
- The Long buy setup is still valid on the 4-hour timeframe, with price staying between 7.68000–7.72600 while the daily outlook remains bullish.
- The RSI indicator on the 15-minute timeframe at 45 suggests buyers may push the price higher, as long as they defend the level.
- Volume at 0.24x, with 15.38K traded vs. 64.44K expected, indicates good participation.
Trade it here 👇 Are you looking to enter before confirmation, or wait for a clearer signal?
Educational information only. Not financial advice, an offer, a request, or a recommendation. Your decision and your risk.