🚨 $INJ /USDT: BEARISH PULLBACK OR BULLISH REVERSAL?
$INJ is trading near $7.701, up 0.55%, after a sharp rejection from the $8.16 area. The 1H chart shows bearish pressure returning, but price is attempting to stabilize near short-term support. Bulls need to reclaim resistance to regain control. 📊 Technical Points: Bearish market structure • Rejection after a sharp liquidity grab near $8.10 • Key support at $7.58–$7.51 • Resistance at $7.78–$7.98 • Watch for BOS confirmation and a potential pullback entry. 🟢 LONG SETUP (Conditional): Entry: $7.72–$7.80 after confirmation | TP1: $7.98 | TP2: $8.16 | TP3: $8.32 | SL: $7.55 Trade Logic: A confirmed bullish BOS above $7.80 could open a recovery toward higher resistance. If $7.51 breaks, the bullish setup weakens and further downside is possible. Wait for confirmation, use proper risk management, and avoid chasing candles. Follow for more chart-based crypto setups and smart-money analysis. #INJUSDT #CryptoTrading #PriceAction #BinanceSquare
#İNJ
$INJ is trading near $7.701, up 0.55%, after a sharp rejection from the $8.16 area. The 1H chart shows bearish pressure returning, but price is attempting to stabilize near short-term support. Bulls need to reclaim resistance to regain control. 📊 Technical Points: Bearish market structure • Rejection after a sharp liquidity grab near $8.10 • Key support at $7.58–$7.51 • Resistance at $7.78–$7.98 • Watch for BOS confirmation and a potential pullback entry. 🟢 LONG SETUP (Conditional): Entry: $7.72–$7.80 after confirmation | TP1: $7.98 | TP2: $8.16 | TP3: $8.32 | SL: $7.55 Trade Logic: A confirmed bullish BOS above $7.80 could open a recovery toward higher resistance. If $7.51 breaks, the bullish setup weakens and further downside is possible. Wait for confirmation, use proper risk management, and avoid chasing candles. Follow for more chart-based crypto setups and smart-money analysis. #INJUSDT #CryptoTrading #PriceAction #BinanceSquare
#İNJ
