This past hour probably left quite a few people holding $INJ stunned. It fell 7.68% in an hour to 7.05, and is now down 13.15% over 24 hours. It even reached 8.38 at its 24-hour high, but now it’s hovering right around the 24-hour low of 7.04. Anyone holding it probably isn’t feeling too good.
Put simply: it’s dropped 13.15% in a day, and there’s hardly any cushion left below. If it slips here, it’ll make a new low. The biggest worry for holders right now isn’t how much it has already fallen, but how much further it might keep dropping.
I’d rather wait and see if it can stabilize around 7.04. Trying to catch a bounce right at the low could work—or it could mean getting caught in a new low. But if it breaks below 7.04, I’ll change my mind immediately and accept that the bears aren’t done selling.
If 7.04 doesn’t hold, those of you holding $INJ : will you get out first, or keep holding on?
$INJ
#行情分析 #UnusualMovementUpdate
Put simply: it’s dropped 13.15% in a day, and there’s hardly any cushion left below. If it slips here, it’ll make a new low. The biggest worry for holders right now isn’t how much it has already fallen, but how much further it might keep dropping.
I’d rather wait and see if it can stabilize around 7.04. Trying to catch a bounce right at the low could work—or it could mean getting caught in a new low. But if it breaks below 7.04, I’ll change my mind immediately and accept that the bears aren’t done selling.
If 7.04 doesn’t hold, those of you holding $INJ : will you get out first, or keep holding on?
$INJ
#行情分析 #UnusualMovementUpdate