๐จ $INJ J/USDT โ Gearing Up for a Moonshot or Due for Cooldown? ๐๐
$INJ just surged to $10.87, posting over +4.3% gains on the day! With RSI nearing overbought and volume picking up, is $12 the next targetโor is a pullback near? Letโs dive in!
๐ Market Overview
๐ Current Price: $10.87
๐ 24h High: $10.92
โ๏ธ 24h Low: $10.35
๐ Parabolic SAR: Not yet triggered, but trend leaning bullish
๐ MACD Momentum:
โข Data not shown โ price and RSI suggest strong upward bias
๐ง Additional Indicators:
โข MA(7): 10.68
โข MA(25): 10.56
โข MA(99): 10.96
โข RSI(6): 74.35 (Very close to overbought โ caution on late entries)
๐ INJ Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If INJ Holds Above $10.60):
โข Entry: Above $10.90
โข Targets: $11.50, $12.02, $12.18+
โข Stop-Loss: $10.15
๐น Bearish Scenario (If INJ Breaks Below $10.15):
โข Entry: Below $10.15
โข Targets: $9.47, $8.95, $8.79
โข Stop-Loss: $10.90
๐ Should You Hold or Sell?
โ Strong momentum above $10.60 = continuation likely
โ RSI > 70 = bullish but overboughtโwatch for profit-taking
โ ๏ธ Drop below $10.15 could spark a retracement to sub-$9 levels
๐ก Pro Tip:
๐ Volume is risingโif price closes above $10.90 with strength, $12 breakout likely
๐ Use caution with new longsโRSI suggests the move may slow soon
๐ข Is INJ ready for a fresh leg up, or are you locking in profits? Drop your thoughts!
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