$INJ is up +9% and everyone's piling in late. I'm looking the other way 👇
After climbing from 6.819 to 7.682 in 29 hours (+9% on the day), momentum is showing signs of exhaustion.
It pushed above 7.434 for a moment, got sold hard from 7.682 and INJ is now right at that old high again. Looks like a breakout that didn't hold, and anyone who bought up there is probably getting nervous.
The spot I care about is 7.003. That's
$INJ where the last dip bottomed (it retraced 70% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 7.682 though, I'm wrong.
📌 My INJ trade: short from 7.663, stop at 7.993, target 7.003 (+8.6%, 1:2)
📊 24h Vol: $72.7M | 24h Chg: +8.6% | Funding: +0.0100%
Top or just a pause? What do you think? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#INJ #Crypto #Trade