$INJ /USDT BEARISH RETRACEMENT ON LOWER TIMEFRAME
INJ is losing momentum after testing resistance near 14.20, showing rejection candles and forming a pullback. Price is now holding just above 13.90, but repeated red candles suggest further downside pressure if buyers don’t step in soon.
Trade Setup (Short Idea):
Entry Zone: 13.95 – 13.90
Take Profit 1: 13.75
Take Profit 2: 13.57
Stop Loss: 14.20 (above resistance)
Market Outlook:
If INJ breaks below 13.90 support, sellers could push price towards 13.75 and then 13.57. Bulls must defend this zone strongly; otherwise, deeper correction may follow. A bounce above 14.00 could invalidate the setup and give buyers control again.