$INJ #INJ 🚀
Direction: LONG
Entry zone: 8.22 to 8.26
Stop loss: 8.12
Target 1: 8.40
Target 2: 8.53
Injective is trading near 8.24 dollars, up 1.98 percent in 24 hours, one of the few green names in the top 100 today, inside a range of 7.82 to 8.29 dollars, and the recent closes show a steady grind higher, 8.17, then 8.12, then 8.17, then 8.24, then 8.24. 🟢 My reading is that INJ is quietly building a base at its range high while the market is in fear ahead of CPI, because buyers keep defending every small dip, and a coin that grinds up on a red day is telling you the sellers are tired. A long from the current zone, with a stop below 8.12, targets 8.40 first and then 8.53 if buyers push through the range high. A drop below 8.12 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Injective push past 8.29 first, or fall below 8.12? 🤔
Follow for more trades.
#Injective #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 8.22 to 8.26
Stop loss: 8.12
Target 1: 8.40
Target 2: 8.53
Injective is trading near 8.24 dollars, up 1.98 percent in 24 hours, one of the few green names in the top 100 today, inside a range of 7.82 to 8.29 dollars, and the recent closes show a steady grind higher, 8.17, then 8.12, then 8.17, then 8.24, then 8.24. 🟢 My reading is that INJ is quietly building a base at its range high while the market is in fear ahead of CPI, because buyers keep defending every small dip, and a coin that grinds up on a red day is telling you the sellers are tired. A long from the current zone, with a stop below 8.12, targets 8.40 first and then 8.53 if buyers push through the range high. A drop below 8.12 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Injective push past 8.29 first, or fall below 8.12? 🤔
Follow for more trades.
#Injective #Crypto #FuturesTrading #TradingSignals
