$INJ INJ Round Top Warning โš ๏ธ๐Ÿ“‰ | Possible Bearish Reversal Brewing ๐Ÿป๐Ÿ”„

๐Ÿšจ The INJ chart is showing a round top formation, a classic technical pattern that often signals a potential bearish reversal ahead ๐Ÿ“‰๐Ÿ”. After a strong rally, the price is losing momentum and starting to curve downward, raising caution flags for traders and holders alike.

๐Ÿ“Š The RSI is declining steadily, indicating weakening buying strength ๐ŸŽฏโฌ‡๏ธ, while the MACD shows bearish divergence and hints at increasing downward pressure ๐Ÿง ๐Ÿ”ป. Volume is tapering off during recent attempts to push higher, signaling fading enthusiasm.

๐Ÿ”ป The sell pressure is rising, and buy volume is drying up ๐Ÿ›‘๐Ÿ”ฅ. If support levels fail to hold, the round top could lead to a deeper correction or extended sideways movement ๐Ÿ“‰โณ.

๐Ÿฆ On-chain data backs this bearish view โ€” exchange balances are creeping up, meaning more tokens might be headed back to exchanges for selling ๐Ÿ“ฆ๐Ÿฆโฌ†๏ธ. Whale activity appears to be reducing holdings, which could increase downside risk ๐Ÿ‹โš ๏ธ.

๐Ÿ’ฌ Social sentiment is cooling, with less chatter and more cautious tones dominating community discussions ๐Ÿ“ฑ๐Ÿฅถ. Traders are closely watching for confirmation before making new moves.

โš ๏ธ Risk management is crucial here โ€” set your stops tight and be prepared for volatility. The round top pattern warns that the bullish trend may be losing steam, so patience and discipline are key ๐Ÿงฏโš–๏ธ.

If the pattern plays out, INJ might test lower support zones soon. Stay alert and monitor price action carefully!

โš ๏ธ Not financial advice โ€” always DYOR ๐Ÿง ๐Ÿ“š