🔥 INJ getting crushed — -6.59% drop. Capitulation or buying opportunity?

📊 $INJ — Full Technical Breakdown

💹 Price Action:
• Entry: $8.24 (-6.59% 24h)
• Support: $8.10 | Resistance: $8.88
• Pivot: $8.40

📈 Momentum:
• RSI(14): 64.1 — strong momentum, near overbought
• MACD bullish crossover, histogram expanding - momentum building

🔗 MA Structure:
• EMA20: $8.09 | EMA50: $7.32
• Golden structure: Price > EMA20 > EMA50. Trend is your friend.

🎯 Actionable Setup:
• Bias: SHORT
• Target 1: $8.88 | Target 2: $9.14
• Stop: $7.93
• R:R = 1:2.1

🔥 Long or short? Drop your thesis below 👇

$INJ $ATOM

#INJ #TechnicalAnalysis #CryptoTrading #PriceAction