๐ฅ INJ getting crushed โ -6.59% drop. Capitulation or buying opportunity?
๐ $INJ โ Full Technical Breakdown
๐น Price Action:
โข Entry: $8.24 (-6.59% 24h)
โข Support: $8.10 | Resistance: $8.88
โข Pivot: $8.40
๐ Momentum:
โข RSI(14): 64.1 โ strong momentum, near overbought
โข MACD bullish crossover, histogram expanding - momentum building
๐ MA Structure:
โข EMA20: $8.09 | EMA50: $7.32
โข Golden structure: Price > EMA20 > EMA50. Trend is your friend.
๐ฏ Actionable Setup:
โข Bias: SHORT
โข Target 1: $8.88 | Target 2: $9.14
โข Stop: $7.93
โข R:R = 1:2.1
๐ฅ Long or short? Drop your thesis below ๐
$INJ $ATOM
#INJ #TechnicalAnalysis #CryptoTrading #PriceAction
๐ $INJ โ Full Technical Breakdown
๐น Price Action:
โข Entry: $8.24 (-6.59% 24h)
โข Support: $8.10 | Resistance: $8.88
โข Pivot: $8.40
๐ Momentum:
โข RSI(14): 64.1 โ strong momentum, near overbought
โข MACD bullish crossover, histogram expanding - momentum building
๐ MA Structure:
โข EMA20: $8.09 | EMA50: $7.32
โข Golden structure: Price > EMA20 > EMA50. Trend is your friend.
๐ฏ Actionable Setup:
โข Bias: SHORT
โข Target 1: $8.88 | Target 2: $9.14
โข Stop: $7.93
โข R:R = 1:2.1
๐ฅ Long or short? Drop your thesis below ๐
$INJ $ATOM
#INJ #TechnicalAnalysis #CryptoTrading #PriceAction