$INJ Just Got Shaken!
Massive Long Liquidation of $1.25K slammed the chart at $13.66 – The bulls just got rekt, and the market's showing signs of a potential reversal zone!
Here’s a deep dive:
Technical Breakdown:
Liquidation Price: $13.66 – a key pain point for leveraged bulls.
Volume Surge: Liquidation triggers often signal a short-term bottom.
RSI & OBV: Oversold and divergence forming – watch closely!
Support Cluster: Strong demand zone building near recent wick lows.
$INJ Trading Plan (Mid-Term Swing)
Buy Zone:
→ $13.20 - $13.65 (Accumulate in dips after the flush)
Target 1: $14.80
Target 2: $15.70
Target 3: $17.00
Stop Loss: Below $12.95 (Daily candle close)
Pro Tip:
Liquidations often spark panic – but smart money hunts these areas. Watch for volume confirmation and bullish candle formations before entering.