🚨 $INJ /USDT Trade Setup – Layer 1 Heating Up! 🚨
Injective Protocol (INJ) is showing a healthy +3.12% gain, currently at $10.91. Price is hovering just below EMA(7), suggesting a short-term pullback opportunity before a potential bounce.
Strong support observed around $10.63–$10.79, while volume remains active. EMAs (25 & 99) are aligned upward — bullish structure intact. If price holds above $10.84, continuation is likely toward resistance.
📈 Trade Plan:
🔹 Entry: $10.91
🔹 TP1: $11.11
🔹 TP2: $11.40
🔹 TP3: $11.75
🛡 Stop Loss: $10.47
📌 Strategy: Trade the EMA bounce with tight SL. Mid-term structure remains bullish.