🚨 $INJ /TRY – Oversold Opportunity or Breakdown Ahead? 🔥
$INJ is down to ₺497.0, posting a -7.71% drop! With RSI nearing oversold levels and key support zones in play, the big question is—bounce or breakdown? Let’s break it down 👇
📊 Market Overview
📍 Current Price: ₺497.0
📈 24h High: ₺585.5
❄️ 24h Low: ₺429.4
📉 Price in USD: $12.73
📊 Volume (5 MA): 1,385.17
📊 Volume (10 MA): 901.33
📉 RSI (6): 29.8 (Nearing oversold territory)
📈 MA Levels:
MA(7): ₺500.8
MA(25): ₺517.6
MA(99): ₺518.5
📊 Technical Indicators
🔹 Parabolic SAR: Likely indicating downtrend (price under all major MAs)
🔹 MACD: Not detailed, but price action and RSI suggest bearish pressure building
📈 $INJ/TRY Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If INJ Holds Above ₺490):
Entry: Above ₺505
Targets: ₺523, ₺554, ₺585+
Stop-Loss: ₺475
🔹 Bearish Scenario (If INJ Breaks Below ₺490):
Entry: Below ₺490
Targets: ₺460, ₺436, ₺420
Stop-Loss: ₺510
🔍 Should You Hold or Sell?
✅ RSI <30 = Oversold zone, potential bounce if buyers show up
✅ Holding ₺490 could push a recovery back toward ₺550+
⚠️ Breakdown below ₺490 = momentum shift to sellers, deeper fall possible
💡 Pro Tip
📌 Monitor price reaction near ₺500-₺505—this zone is make-or-break!
📉 Lack of strong buying volume = weak bounce likely to fade
📢 What’s your move—buying the dip or sitting it out? Let’s chat below! 💬
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