$INJ /TetherUS BEARS TAKE CONTROL – PRICE TESTS CRITICAL SUPPORT ZONE NEAR $10!
Immediate Explanation:
$INJ/TetherUS is down -3.85%, trading at $10.50 and testing a key support region. Sellers have gained momentum, pushing the price through a descending structure with weakening buy pressure at $10.51. With multiple resistance levels above (11.20–11.80) and continued lower highs, the next leg down could unfold if $10 breaks decisively.
🔻Trade Setup: Short Entry
Entry: 10.50
Targets (TP): 10.20 / 10.00 / 9.80
Stop Loss (SL): 10.98
📉Market Outlook:
Bearish momentum is intensifying with weak recovery bounces and strong selling at lower levels. If $10 breaks, further downside acceleration is likely. Bulls need a strong reclaim of $11.00+ to shift the bias, but currently, the path of least resistance is down.
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