$INJ /USDT short trade signal 🚦 🛑
BEARISH REVERSAL IN PLAY — SELLERS BREAK KEY STRUCTURE!
Price faced strong rejection near the $9.70 resistance zone and has since broken down below multiple support levels, confirming bearish momentum. The recent lower high formation followed by a sharp drop signals a potential trend reversal to the downside.
Trade Setup (Short):
Entry: $9.35
Take Profit (TP): $9.12
Stop Loss (SL): $9.47
Market Outlook:
Momentum has shifted in favor of the bears with a breakdown below $9.40 support. If volume sustains, the next key level to watch is the $9.10 zone. Bulls may attempt to defend this, but current bias remains bearish.
Pro Tip: Wait for a weak retest of the $9.40 area before adding size to your short.
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buy and trade here on $INJ