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$INJ / USDT Long trade Setup 🔹Expecting a retest of the inverse head and shoulder pattern neckline. 🔹11$ to 10.57$ is the neckline of the pattern. 🔹Once price show bullish pattern at this level. 🔹We will open long trade. 🔹Target will be 14$+ $SOL $ETH #BinanceHODLerNXPC #BinanceTGEAlayaAI #BinancePizza #MastercardStablecoinCards
Price Action and Trend: The chart shows a strong uptrend starting around the 4.000 level, peaking near 5.400, followed by a consolidation phase. The price is currently at 5.168, down 0.50% on this timeframe. The recent candles indicate some selling pressure after failing to break the 5.273 (24H high), suggesting a potential short-term correction or consolidation.
Support and Resistance: Resistance: The 5.273 level (24H high) is acting as immediate resistance. A break above this could target the 5.400 zone again.
Support: The 5.000 level appears as a psychological and technical support (recent consolidation area). If the price drops further, the 4.823 (24H low) could also provide support $BTC $BNB