$INJ
99% of traders lose money because they buy at the top , don't be one of them!
This current pump is just a trap and fake liquidity
Reaching the peak at $7.998 and failing to break the upper Bollinger Band confirms that buyers are completely exhausted
Why?
The reason is clear in the outright bearish MACD crossover (-0.019) and declining trading volumes, meaning sellers are taking over and a sharp drop is on the horizon to flush out the market
$INJ
Short Trade Setup:
Entry: Market price right now at $7.738.
Take Profit: $7.555, then $7.439 (at the 200 EMA)
Stop Loss: $8.020 (above resistance for total protection)
The numbers speak for themselves; the risk-to-reward ratio is spot on, and the coming correction is inevitable
$INJ
#İNJ #Market_Update
99% of traders lose money because they buy at the top , don't be one of them!
This current pump is just a trap and fake liquidity
Reaching the peak at $7.998 and failing to break the upper Bollinger Band confirms that buyers are completely exhausted
Why?
The reason is clear in the outright bearish MACD crossover (-0.019) and declining trading volumes, meaning sellers are taking over and a sharp drop is on the horizon to flush out the market
$INJ
Short Trade Setup:
Entry: Market price right now at $7.738.
Take Profit: $7.555, then $7.439 (at the 200 EMA)
Stop Loss: $8.020 (above resistance for total protection)
The numbers speak for themselves; the risk-to-reward ratio is spot on, and the coming correction is inevitable
$INJ
#İNJ #Market_Update