INJ is battling a tight range around 9.2, but the recent break below the swing low hints at fresh downside pressure.
š“ $INJ SHORT š
Entry ā $8.5894-$8.6066
Stop ā $8.8559 (-3.0%)
TP1 ā $8.4690 (+1.5%)
TP2 ā $8.1681 (+5.0%)
R/R 1:1.7 ā¢ Confidence 64%
The market structure turned bearish with a change of character on the 1h, CVD turned negative confirming the sell-off, a fair value gap lines up under the break and an order block sits right at the breach, creating a POI confluence.
A 3.0% stop is relatively tight for a 1:1.7 reward, so using 5-6x leverage keeps risk in check.
Take half profit at the first target around 8.6 to lock in gains.
Not financial advice ā trade only what you can afford to lose š
$INJ #INJUSDT #CPIWatch #TradingSignals #Write2Earn
š“ $INJ SHORT š
Entry ā $8.5894-$8.6066
Stop ā $8.8559 (-3.0%)
TP1 ā $8.4690 (+1.5%)
TP2 ā $8.1681 (+5.0%)
R/R 1:1.7 ā¢ Confidence 64%
The market structure turned bearish with a change of character on the 1h, CVD turned negative confirming the sell-off, a fair value gap lines up under the break and an order block sits right at the breach, creating a POI confluence.
A 3.0% stop is relatively tight for a 1:1.7 reward, so using 5-6x leverage keeps risk in check.
Take half profit at the first target around 8.6 to lock in gains.
Not financial advice ā trade only what you can afford to lose š
$INJ #INJUSDT #CPIWatch #TradingSignals #Write2Earn