$INJ /USDT – SHORT-TERM BEARISH REVERSAL ⚠️
Price has pulled back from the $15.08 high after a strong rally from $13.85, with sellers stepping in near the top. Consecutive red candles on the 1H chart suggest profit-taking is in play, and a deeper retracement could be on the horizon if $14.75 fails to hold.
Trade Setup:
Entry (Short): $14.80 – $14.90
Take Profit 1: $14.55
Take Profit 2: $14.30
Stop Loss: $15.10
Market Outlook:
Momentum is still bullish overall, but intraday exhaustion is showing. If $14.75 breaks, it could invite more selling pressure, pushing the price closer to the mid-$14 range before bulls attempt another push.
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