$INJ

USDT BEARISH BREAKDOWN – NEXT STOP TOWARDS $9.8 IF SUPPORT FAILS

$INJUSDT is currently trading at $10.363 (-3.67%), showing strong downside momentum after repeated failed attempts to reclaim resistance levels.

🔑 Key Levels:

Resistance: $10.547 – $10.548 zone (recent rejection area)

Support: $9.839 – $9.833 zone (major demand area)

Current Price: $10.363

📊 Trade Setup (Short):

Entry Zone: $10.40 – $10.45 (near minor intraday resistance)

Targets (TP):

TP1: $10.00

TP2: $9.84

Stop Loss (SL): $10.55 (above key resistance zone)

📉 Market Outlook: INJ has formed a clear downtrend structure with lower highs and lows. The recent bounce is weak, suggesting sellers remain in control. If price fails to break above $10.55, expect continuation down towards the $9.8 demand zone.

⚠️ Risk Management: Always use position sizing per your capital allocation strategy. Strict SL is crucial here as a breakout above $10.55 could invalidate this bearish setup and reverse momentum rapidly.

buy and trade here on $INJ

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