I took a look around the market this morning, and $INJ is looking interesting today, surging 19.98%.
It’s now priced at 8.8620, with an intraday high/low of 8.9250 / 7.0610. Trading volume is 31 million USDT, which suggests active buying—not just retail traders piling in blindly.
When a coin suddenly sees a spike in volume early in the morning, it’s usually one of two things: either investors have caught wind of some good news ahead of time, or the big players are testing the waters. Either way, the biggest mistake right now would be chasing it blindly. It’s already risen so much that the risk of jumping in outweighs the potential reward.
If you’re already in, keep an eye on 7.0610—if it breaks below that level, you should get out. If you haven’t entered yet, consider waiting for a pullback to a support level before making a move.
Did you chase this morning’s move?
#早盘 #涨幅榜 #INJ #Market
It’s now priced at 8.8620, with an intraday high/low of 8.9250 / 7.0610. Trading volume is 31 million USDT, which suggests active buying—not just retail traders piling in blindly.
When a coin suddenly sees a spike in volume early in the morning, it’s usually one of two things: either investors have caught wind of some good news ahead of time, or the big players are testing the waters. Either way, the biggest mistake right now would be chasing it blindly. It’s already risen so much that the risk of jumping in outweighs the potential reward.
If you’re already in, keep an eye on 7.0610—if it breaks below that level, you should get out. If you haven’t entered yet, consider waiting for a pullback to a support level before making a move.
Did you chase this morning’s move?
#早盘 #涨幅榜 #INJ #Market