$INJ long watch: 8.549–8.581 is the support buyers need to defend on the 4H.
I'd rather wait for buyers to show up here. The trend is up daily, and momentum is neutral.
What I'm seeing:
- 4H price at 8.57 is above EMA50 at 8.30; trend structure favors buyers.
- Daily price above EMA200 at 5.51; the bigger trend supports the move.
- Risk 2.3% to SL vs 3.6% to TP3; about 1.6R if the full move plays out.
🟢 LONG · Entry 8.549–8.581 · TP 8.681 / 8.759 / 8.875 · SL 8.372
Will buyers step in at support, or will they let it break?
NFA · DYOR
I'd rather wait for buyers to show up here. The trend is up daily, and momentum is neutral.
What I'm seeing:
- 4H price at 8.57 is above EMA50 at 8.30; trend structure favors buyers.
- Daily price above EMA200 at 5.51; the bigger trend supports the move.
- Risk 2.3% to SL vs 3.6% to TP3; about 1.6R if the full move plays out.
🟢 LONG · Entry 8.549–8.581 · TP 8.681 / 8.759 / 8.875 · SL 8.372
Will buyers step in at support, or will they let it break?
NFA · DYOR