🔴 $INJ

USDT BEARISH REVERSAL – SHARP FALL EXPECTED IF SUPPORT BREAKS!

$INJ is showing signs of a potential bearish reversal after facing strong rejection near the resistance zone.

🔑 Key Levels:

Resistance: $12.20 – $12.21 (strong rejection area)

Current Price: $11.70

Support: $11.50 (critical support), further major support at $10.59

📉 Trade Setup (Short):

Entry Zone: $11.90 – $12.20 (if price retests resistance)

Take Profit (TP): $10.60

Stop Loss (SL): $12.22

🔍 Market Outlook: The market shows a strong upward rally exhaustion with sellers stepping in at resistance. If the $11.50 support breaks, expect quick downside momentum towards $10.59. Volume is declining after the peak move, indicating a potential distribution phase before reversal.

⚠️ Risk Management: Always use stop loss to limit risk. Risk only 1-2% of your capital per trade to maintain equity sustainability.

buy and trade here on $INJ

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