$INJ — waiting for buyers to confirm on the pullback
The upward structure allows for further gains after a correction, but a move toward support alone is not yet an entry signal. The 8.33–8.69 area remains overhead, where any recovery will encounter resistance.
In the nearby 7.51–7.895 zone, we are looking only for a response from buyers: first, a halt in the decline, then a move back above the nearest local high. Until that happens, we won't rush into a purchase.
A more cautious option is to wait for lower support at 6.822–7.013. Within this zone is the level around 6.86, which is also highlighted by the higher-timeframe analysis. Waiting for this area does not confirm an entry from the upper zone.
These plans have different conditions. For the four-hour scenario, the upside target is 9.0798; it is invalidated if a four-hour candle closes below 6.6631. In a separate medium-term scenario, purchases are considered in the 6.71–6.86 area, and a move below 6.71 invalidates that scenario specifically. We won't combine them into a single trade with a shared stop.
After the nearest resistance levels are cleared, the next target is around 9.28. We will consider the more distant 9.90–10.10 range only if the rise continues and demand holds. A deeper pullback will require a separate assessment of the conditions.
#INJ #BTC #ZEC
The upward structure allows for further gains after a correction, but a move toward support alone is not yet an entry signal. The 8.33–8.69 area remains overhead, where any recovery will encounter resistance.
In the nearby 7.51–7.895 zone, we are looking only for a response from buyers: first, a halt in the decline, then a move back above the nearest local high. Until that happens, we won't rush into a purchase.
A more cautious option is to wait for lower support at 6.822–7.013. Within this zone is the level around 6.86, which is also highlighted by the higher-timeframe analysis. Waiting for this area does not confirm an entry from the upper zone.
These plans have different conditions. For the four-hour scenario, the upside target is 9.0798; it is invalidated if a four-hour candle closes below 6.6631. In a separate medium-term scenario, purchases are considered in the 6.71–6.86 area, and a move below 6.71 invalidates that scenario specifically. We won't combine them into a single trade with a shared stop.
After the nearest resistance levels are cleared, the next target is around 9.28. We will consider the more distant 9.90–10.10 range only if the rise continues and demand holds. A deeper pullback will require a separate assessment of the conditions.
#INJ #BTC #ZEC