$INJ /USDT BEARISH BREAKDOWN – REJECTION CONFIRMED, FURTHER DUMP LIKELY!
INJ has broken below a key horizontal support around $9.21, and is now retesting this level as resistance. The structure shows a clean breakdown with a retest, suggesting momentum has shifted to the downside. With lower highs forming and sellers stepping in, a further decline is anticipated.
Trade Setup:
Entry Zone: $9.20 – $9.25 (confirmed rejection)
Take Profit (TP): $8.72
Stop Loss (SL): $9.43
Outlook: Momentum favors bears as INJ has lost critical support. The retest and rejection at the broken zone increases the probability of continuation to the next demand area near $8.72. Risk management is key as price may retest highs in high-volatility spikes.
Command: Trail your stop loss after breakdown confirmation to lock in profits.
