$INJ drops 10.95% to 7.231 📉, is this a buying bottom or will the decline continue?
Trading volume rises to 3.04 times the average on the 15-minute timeframe 📊, indicating strong liquidity accompanying the decline. The current move is a sharp correction, with no clear signs of a reversal yet.
Expected scenario: a test of nearby support, followed by a limited technical bounce before the downtrend resumes, unless buyers return with strength.
Follow us for more ongoing analysis.
$INJ
This content is not investment advice. Do your own research (DYOR).
Trading volume rises to 3.04 times the average on the 15-minute timeframe 📊, indicating strong liquidity accompanying the decline. The current move is a sharp correction, with no clear signs of a reversal yet.
Expected scenario: a test of nearby support, followed by a limited technical bounce before the downtrend resumes, unless buyers return with strength.
Follow us for more ongoing analysis.
$INJ
This content is not investment advice. Do your own research (DYOR).
