INJ slipped below the recent swing high and is now perched on the 3.42% lower swing low, a classic short trigger. Liquidity is drying up as sellers dominate the order flow.
đŽ $INJ SHORT đ
Entry â $7.7512-$7.7668
Stop â $7.9918 (-3.0%)
TP1 â $7.6426 (+1.5%)
TP2 â $7.3711 (+5.0%)
R/R 1:1.7 âą Confidence 64%
The market structure break (CHoCH) opened the short side, reinforced by a volume surge on the CVD that backs the down move. A fair value gap lines up with a strong order block, and a liquidity sweep cleared the last buy stop, creating a POI confluence of OB and FVG. With the price stuck in this bearish zone, the 1:1.7 R/R looks clean.
A 3.0% stop is relatively tight for a short on INJ, so use modest leverage around 3â5x.
Take half the position off at the first target around 1.7âŻR for a quick win.
Not financial advice â always manage your own risk đ
$INJ #INJUSDT #BitcoinFiveWeeklyLosses #TradingSignals #Write2Earn
đŽ $INJ SHORT đ
Entry â $7.7512-$7.7668
Stop â $7.9918 (-3.0%)
TP1 â $7.6426 (+1.5%)
TP2 â $7.3711 (+5.0%)
R/R 1:1.7 âą Confidence 64%
The market structure break (CHoCH) opened the short side, reinforced by a volume surge on the CVD that backs the down move. A fair value gap lines up with a strong order block, and a liquidity sweep cleared the last buy stop, creating a POI confluence of OB and FVG. With the price stuck in this bearish zone, the 1:1.7 R/R looks clean.
A 3.0% stop is relatively tight for a short on INJ, so use modest leverage around 3â5x.
Take half the position off at the first target around 1.7âŻR for a quick win.
Not financial advice â always manage your own risk đ
$INJ #INJUSDT #BitcoinFiveWeeklyLosses #TradingSignals #Write2Earn