$INJ
USDT BULLISH REVERSAL – WILL THIS SUPPORT HOLD FOR A STRONG BOUNCE?
🔍 Key Levels:
Support: $10.44 (strong demand zone)
Resistance: $11.63 (next major hurdle)
Current Price: $10.58
📈 Trade Setup (Long Entry):
Entry Zone: $10.50 – $10.58
Take Profit (TP): $11.63
Stop Loss (SL): $10.43
💡 Market Outlook:
INJ has shown a sharp downtrend but is now sitting on a strong support zone around $10.44. The chart indicates a potential bullish reversal pattern with a clear risk-to-reward setup targeting the $11.63 resistance. If buyers hold this level, a swift recovery bounce is expected.
⚠️ Risk Management:
Use strict SL at $10.43. Risk only 1-2% of your capital per trade. Wait for confirmation candles to avoid false breakouts.
📝 Comment 🚀 if you are ready to ride this bounce!