đŽ INJUSDT â FUTURES SHORT (1H SCALP)
$INJ
đ Entry Zone: $8.35 â $8.40 (awaiting retest)
đ Stop Loss: $8.50
đŻ TP1: $8.05
đŻ TP2: $7.95
đŻ TP3: $7.85
âïž R:R â 1:2.60 to TP1 | 1:3.40 to TP2 | 1:4.20 to TP3
â±ïž TF: 1H (Scalp)
INJ pushed up to $8.44 twice in the last few hours and got rejected both times â then the sellers stepped in hard and pushed it back under $8.20. I am not chasing it down here; I am waiting for a retest of the $8.35â$8.40 breakdown zone to join the move.
Why I like this one: two clean rejections at the same $8.44 level, a strong bearish candle closing near its low, and lower highs and lower lows since. The level is clear and the invalidation is clear.
â Invalidation: 1H close above $8.50. If that happens, this idea is wrong â no trade.
Analysis Only â Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
Do you think INJ will retest $8.40 first, or keep falling from here? Comment LONG or SHORT.
#INJ #INJUSDT #CryptoTrading #ProfitDirection
$INJ
đ Entry Zone: $8.35 â $8.40 (awaiting retest)
đ Stop Loss: $8.50
đŻ TP1: $8.05
đŻ TP2: $7.95
đŻ TP3: $7.85
âïž R:R â 1:2.60 to TP1 | 1:3.40 to TP2 | 1:4.20 to TP3
â±ïž TF: 1H (Scalp)
INJ pushed up to $8.44 twice in the last few hours and got rejected both times â then the sellers stepped in hard and pushed it back under $8.20. I am not chasing it down here; I am waiting for a retest of the $8.35â$8.40 breakdown zone to join the move.
Why I like this one: two clean rejections at the same $8.44 level, a strong bearish candle closing near its low, and lower highs and lower lows since. The level is clear and the invalidation is clear.
â Invalidation: 1H close above $8.50. If that happens, this idea is wrong â no trade.
Analysis Only â Not Financial Advice (NFA). Trading involves risk.
Follow Profit Direction for more signals, best signals and market updates. Share your opinion in the comments.
Do you think INJ will retest $8.40 first, or keep falling from here? Comment LONG or SHORT.
#INJ #INJUSDT #CryptoTrading #ProfitDirection
