Injective community buyback with Stockdrop tonight—Beijing time at 21:00 the cutoff will stop and burn the coins—the price already ran ahead a bit.
Today’s high was around 7.83 and low around 7.23; right now it’s about 7.61. The cutoff hasn’t arrived yet, but the chart has already touched the 7.80 area and then pulled back. In the previous several rounds, a total of burn has been on the order of 7 million coins. Tonight, Stockdrop reward-claiming opens at the same time.
I’ll wait for a pullback to hold around 7.40–7.55, then try a small long position. First target is 7.80–7.90, then we’ll see about 8.20; if it breaks below 7.15, I won’t count this move for now. This is my personal view—manage your own positions.
$INJ
Today’s high was around 7.83 and low around 7.23; right now it’s about 7.61. The cutoff hasn’t arrived yet, but the chart has already touched the 7.80 area and then pulled back. In the previous several rounds, a total of burn has been on the order of 7 million coins. Tonight, Stockdrop reward-claiming opens at the same time.
I’ll wait for a pullback to hold around 7.40–7.55, then try a small long position. First target is 7.80–7.90, then we’ll see about 8.20; if it breaks below 7.15, I won’t count this move for now. This is my personal view—manage your own positions.
$INJ