โ $INJ /USDT Full Trade Analysis
Coin: Injective Protocol ($INJ )
Market Type: Spot / Futures
Trend: Bullish (Short-Term)
๐ Technical Overview:
๐ธ Current Price Zone: $27.8 - $28.3
๐ธ Major Support Levels:
$26.5 (Strong)
$24.8 (Critical)
๐ธ Major Resistance Levels:
$30.5 (Short-term)
$32.8 (Mid-term Target)
$35.0 (Longer-term if momentum continues)
๐ Chart Patterns:
โ Ascending Channel Breakout Attempt
โ Bullish Divergence on RSI (4H)
โ MACD: Bullish Crossover on Daily
๐น Trade Setup (Short-Term):
Entry Zone: $27.5 - $28.2
Take Profit (TP):
TP1: $30.5
TP2: $32.5
TP3 (Optional): $35.0
Stop-loss (SL): $26.3 (Below last support)
๐ Timeframe for Target:
1 - 5 Days (Short-term swing)
โ Risk Management:
Risk per trade: 1-3% of portfolio.
Use trailing stop if TP1 hits.
๐ฅ Fundamental Catalysts:
Upcoming ecosystem updates from Injective
Positive sentiment on AI-related DeFi projects
Strong community backing and Binance volume increase
โ Summary:
INJ is setting up for a potential bullish breakout after consolidating near key resistance. Clean technical structure, supported by growing volume. Ideal for short-term swing trades with proper risk management.
๐Let's Trade here ๐ $INJ
#BinanceAlphaAlert #MyTradingStyle #SwingTradingStrategy #Injective๐ฅ