INJ is down — but down is not the same as cheap.
7.16 · -12.45% 24h · Vol 17M USDT.
INJ is currently a pure momentum play: there’s money flowing in, but it needs further confirmation before I trust the trend.
I’m not jumping to a narrative too soon; for now, I’m just watching volume, price levels, and the reaction after the sharp move. A 12.45% drop in 24 hours is significant. I don’t try to catch a falling knife based on gut instinct — I’ll wait to see 6.92 hold as volume contracts. If it breaks, I won’t rush in.
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 6.92 before considering an entry.
Buying the dip or waiting it out?
#INJ #RiskManagement #Crypto
7.16 · -12.45% 24h · Vol 17M USDT.
INJ is currently a pure momentum play: there’s money flowing in, but it needs further confirmation before I trust the trend.
I’m not jumping to a narrative too soon; for now, I’m just watching volume, price levels, and the reaction after the sharp move. A 12.45% drop in 24 hours is significant. I don’t try to catch a falling knife based on gut instinct — I’ll wait to see 6.92 hold as volume contracts. If it breaks, I won’t rush in.
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 6.92 before considering an entry.
Buying the dip or waiting it out?
#INJ #RiskManagement #Crypto