Asset: INJ / TetherUS (PERPETUAL CONTRACT)
Timeframe: 4h
Bias: Bullish 🚀
📊 Technical Breakdown:
Market Structure:
The 4-hour timeframe shows a recent sweep of Sell-side liquidity followed by a clear Market Structure Shift (MSS) to the upside.
Price successfully mitigated a major bullish Order Block (OB) and is currently reacting to local Fair Value Gaps (FVG).
Key Levels:
Support Zone / OB: $7.00 - $7.40 range acting as strong accumulation.
Current Price: ~$7.77
Targets (TP):
Target 1: $8.20 (Previous High / OB resistance)
Target 2: $8.80 (Major liquidity pool)
Target 3: $9.20+ (Extended macro target)
Momentum:
RSI is stabilizing in bullish territory, confirming increasing buyer momentum on the 4h chart. Expecting a brief continuation pattern/consolidation before the impulsive wave upward.
⚠️ Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial advice. Always manage your risk accordingly.
