An $INJ 24-hour new high has been confirmed.
24h: +12.63%; current price: 7.865; previous high: 7.812.
Structurally, a new high means there’s less overhead supply from holders who bought at higher prices, so short-term resistance is relatively light. But if the price quickly falls back below the previous high, beware of a bull trap. How do you think it’ll move next?
Just my personal take—it may not be accurate, so please use caution.
24h: +12.63%; current price: 7.865; previous high: 7.812.
Structurally, a new high means there’s less overhead supply from holders who bought at higher prices, so short-term resistance is relatively light. But if the price quickly falls back below the previous high, beware of a bull trap. How do you think it’ll move next?
Just my personal take—it may not be accurate, so please use caution.