$INJ shares practical experience for reference.
EMA200 (13.42) is clearly acting as support, previously the price bounced from this area.
• EMA50 & EMA100 (13.88 and 13.76) have just been breached → short-term signal weakens, possibility of testing lower support.
• RSI(6) ~ 34.9 → close to the oversold area, but not yet deeply oversold → still has the potential to slide further.
• Volume (Vol) is gradually decreasing → selling pressure weakens, but no new buying force yet.
• MACD is still below the signal line, negative histogram → short-term trend remains bearish.
Potential buying areas:
• Area 1: 13.40 – 13.50 (EMA200 + nearest support) → enter with 30–40% of capital.
• Area 2: 12.90 – 13.10 (strong support, nearest old bottom) → accumulate more if it drops deeply.
Strategy:
• Divide capital into 2–3 parts, do not go in full immediately.
• Stop-loss if 4H candle closes below 12.80 (breaking important support).
• Short-term target: 14.50 – 15.00; medium-term if altseason: 18 – 20 USD.
Making profits from altcoins is not difficult, mainly knowing when to take profits, just don’t be too greedy. Wish you all good luck.