đ„ INJ getting crushed â -6.59% drop. Capitulation or buying opportunity?
đ $INJ â Full Technical Breakdown
đč Price Action:
âą Entry: $8.24 (-6.59% 24h)
âą Support: $8.10 | Resistance: $8.88
âą Pivot: $8.40
đ Momentum:
âą RSI(14): 64.1 â strong momentum, near overbought
âą MACD bullish crossover, histogram expanding - momentum building
đ MA Structure:
âą EMA20: $8.09 | EMA50: $7.32
âą Golden structure: Price > EMA20 > EMA50. Trend is your friend.
đŻ Actionable Setup:
âą Bias: SHORT
âą Target 1: $8.88 | Target 2: $9.14
âą Stop: $7.93
âą R:R = 1:2.1
đ„ Long or short? Drop your thesis below đ
$INJ $ATOM
#INJ #TechnicalAnalysis #CryptoTrading #PriceAction
đ $INJ â Full Technical Breakdown
đč Price Action:
âą Entry: $8.24 (-6.59% 24h)
âą Support: $8.10 | Resistance: $8.88
âą Pivot: $8.40
đ Momentum:
âą RSI(14): 64.1 â strong momentum, near overbought
âą MACD bullish crossover, histogram expanding - momentum building
đ MA Structure:
âą EMA20: $8.09 | EMA50: $7.32
âą Golden structure: Price > EMA20 > EMA50. Trend is your friend.
đŻ Actionable Setup:
âą Bias: SHORT
âą Target 1: $8.88 | Target 2: $9.14
âą Stop: $7.93
âą R:R = 1:2.1
đ„ Long or short? Drop your thesis below đ
$INJ $ATOM
#INJ #TechnicalAnalysis #CryptoTrading #PriceAction