INJ is down — but down is not the same as cheap.
8.22 · -6.82% 24h · Vol 18M USDT.
INJ is currently a pure momentum play: money is flowing in, but we need more confirmation before trusting the trend.
I’m not jumping to conclusions about the narrative yet; for now, I’m just watching volume, price levels, and the reaction after the move. Selling pressure is present in INJ, down -6.82% today. Trying to catch the bottom before there are signs that selling pressure is drying up is high-risk — I’m waiting for a clearer reaction around 8.10.
The best time to buy the dip is when selling pressure dries up, not when the chart looks “cheap.” I’m waiting for a clear reaction at 8.10 before considering an entry.
Buying the dip or waiting it out?
#INJ #RiskManagement #Crypto
8.22 · -6.82% 24h · Vol 18M USDT.
INJ is currently a pure momentum play: money is flowing in, but we need more confirmation before trusting the trend.
I’m not jumping to conclusions about the narrative yet; for now, I’m just watching volume, price levels, and the reaction after the move. Selling pressure is present in INJ, down -6.82% today. Trying to catch the bottom before there are signs that selling pressure is drying up is high-risk — I’m waiting for a clearer reaction around 8.10.
The best time to buy the dip is when selling pressure dries up, not when the chart looks “cheap.” I’m waiting for a clear reaction at 8.10 before considering an entry.
Buying the dip or waiting it out?
#INJ #RiskManagement #Crypto