Signal! 📉

Coin: $INJ / USDT (Injective)

Direction: SHORT (Conditional Entry from 4H Order Block) 📉

Current Price: 10.356 USDT

🎯 Entry Strategy (Tap into 4H Order Block!):

This is a precise short entry strategy for INJ:

1. Wait for Tap into Order Block: Wait for the price to push up and tap into the 4H Selling Order Block zone, which is highlighted by the red entry box on the 15-minute chart between 10.533 - 10.588 USDT.

2. Confirmation for Entry: Once price has tapped this zone, look for confirmation of rejection (e.g., bearish candle formation, bearish engulfing, or a clear reversal pattern) on the lower timeframe (15m) from within or just above this zone to initiate your short.

Entry Price 10.533 USDT as the reference entry point within the order block.

Risk (R): (SL - Entry) = 10.600 - 10.533 = 0.067 USDT

Targets (TPs) & Profit Percentages (Based on R:R):

* TP1 (1:1 R): 10.466 🎯 (Profit: ~0.63%)

* TP2 (1:2 R): 10.399 🎯 (Profit: ~1.27%)

* TP3 (1:3 R): 10.332 📈 (Profit: ~1.91%)

Stop Loss (SL):

* SL: 10.600 ⛔️ (Placed above the 4H selling order block)

Timeframe: 15m (for entry confirmation) with 4H confluence ⏱️

Reason: The setup indicates a strong selling opportunity from a significant 4H order block. Waiting for the price to tap into this zone before shorting increases the probability of a successful trade by confirming seller presence at a key supply level.

DYOR! Not financial advice. Strict adherence to entry conditions is crucial for this type of setup! 🙏

#INJ #Injective #Crypto #TradingSignal #Short #BinanceSquare #OrderBlock #SupplyZone #ConditionalEntry #RiskReward