$INJ

USDT BEARISH BREAKDOWN – FRESH SELL PRESSURE EMERGING

INJ is currently trading at $10.40, showing renewed bearish momentum after rejection from the $11.00 – $11.50 resistance zone. Price has broken below the mid-support region near $10.60, now retesting it as resistance.

🔑 Key Levels:

Resistance: $10.60 – $11.00 and strong supply at $11.50

Support: $9.04 (major downside target)

Current Price: $10.40

📉 Trade Setup (Short):

Entry: $10.40 – $10.60

Take Profit: $9.04

Stop Loss: $11.01

💡 Market Outlook:

Momentum remains bearish as price forms lower highs and lower lows, with a clear rejection at structural resistance. If price holds below $10.60, further downside continuation towards $9.04 is highly probable.

⚠️ Risk Management:

Use strict position sizing with defined SL at $11.01 to protect capital in case of sudden reversal.

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buy and trade here on $INJ