🚀 INJ/USDT Long Trade Setup 🚀
A strong setup is building on INJ/USDT — here’s the key breakdown:
🔹 Descending Channel Formation:
INJ is currently trading within a descending channel, a pattern that often leads to bullish breakouts when resistance is broken.
🔹 Daily Breakout Incoming:
Price is on the verge of a daily breakout. Momentum is building, and we are closely monitoring for confirmation.
🔹 Entry Plan:
We are watching for a 4-hour candle close with strong volume above the channel resistance.
Upon confirmation, we will look to open a long position.
🔹 Key Support Zone:
The $9.80 level is a critical support area.
If this level continues to hold on the daily timeframe, the probability of an upside breakout will significantly increase.
🔹 Target:
🎯 First target is set at $12.00+.
Further targets will be shared if momentum remains strong.
🔹 Risk Management:
Apply proper stop-loss placement and manage your position sizing carefully to protect capital.
🔹 Setup Note:
⚡ This is a trade setup, not a live entry signal.
⚡ Wait for proper confirmation before entering.
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