đ $INJ / USDT Short-Term Strategy đ”âĄïž
đ Market Overview
Current Price: ~$9.66
Intraday Range: $8.89 â $9.66
Trend: Sideways with bullish breakout potential
Key Resistance: $9.70 (recent high), $10.70 (next major level)
Key Support: $8.89 (local low), $7.10 (strong historical support)
đ INJ is consolidating near support levels, indicating potential for a bullish breakout if volume increases.
đą Entry Zone 1: Pullback Entry đ
Zone: $9.20 â $9.50
Conditions:
âïž Price pulls back to support with low volume
âïž Bullish candlestick (hammer or engulfing)
âïž RSI stays above 40
đą Entry Zone 2: Breakout Trade đŁ
Zone: $9.70 â $9.90
Conditions:
âïž Breaks resistance with strong green candle
âïž Volume spikes above average
âïž RSI confirms bullish momentum
đŻ Profit Targets
â TP1: $10.00 (near resistance)
â TP2: $10.70 (approaching next resistance)
â TP3: $11.50 (just below highest resistance)
đ Stop-Loss
Pullback SL: Below $8.80
Breakout SL: Below $9.60
đ Risk Management Tips
đ° Risk 1â2% of capital per trade only
đ Use at least 2:1 reward-to-risk ratio
đ Move SL to breakeven once TP1 is hit
đ§č Avoid overtrading â stick to clean, high-conviction setups
đ DYOR â Always do your own research before entering trades. Crypto moves fast â protect your capital and trade with discipline. đđž
â Buy and Trade here on $INJ