$INJ BEARISH BELOW 8.30–8.40
INJ has bounced strongly from the 7.00 area, but price is now approaching a key supply zone around 8.30–8.40.
As long as this resistance keeps rejecting price, I still favor a bearish pullback.
Resistance: 8.30–8.40
Next Price: 7.85
TP1: 7.70
Final Target: 7.45
Invalidation: Clean breakout above 8.40
The recovery is strong, but until 8.40 is reclaimed and held, sellers still have a valid setup.
Trade on $INJ
INJ has bounced strongly from the 7.00 area, but price is now approaching a key supply zone around 8.30–8.40.
As long as this resistance keeps rejecting price, I still favor a bearish pullback.
Resistance: 8.30–8.40
Next Price: 7.85
TP1: 7.70
Final Target: 7.45
Invalidation: Clean breakout above 8.40
The recovery is strong, but until 8.40 is reclaimed and held, sellers still have a valid setup.
Trade on $INJ