💥 $INJ
USDT BEARISH REVERSAL – SELLERS PREPARING FOR A DROP 🔴
$INJUSDT is showing signs of a bearish reversal after rejection from the key resistance zone near $10.90 – $11.03. Currently trading at $10.78, price failed to break above this strong supply zone and is forming lower time frame weakness indicating a potential short move.
🔑 KEY LEVELS:
Resistance: $10.90 – $11.03 (major supply zone)
Support: $10.68 (minor support), further support at $10.38
📉 TRADE SETUP:
Entry (Short): $10.80 – $10.88
Take Profit:
TP1: $10.68
TP2: $10.38
Stop Loss: $11.03
📊 SHORT MARKET OUTLOOK: INJ is currently respecting the local supply zone with rejection wicks indicating seller dominance. If it fails to reclaim above $10.90, a retracement towards $10.68 and possibly $10.38 remains likely as buyers lose momentum.
⚠️ RISK MANAGEMENT: Always risk only 1-2% per trade. Wait for clear entry confirmation (bearish engulfing or rejection wick) to avoid premature entries.
🔻 Don’t trade emotionally. Plan, execute, and protect your capital wisely.
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buy and trade here on $INJ