INJ/USDT Analysis
〽️ The Head and Shoulders pattern has broken down successfully, confirming a bearish structure.
💠We anticipate a potential relief bounce towards the $11 region which aligns closely with the neckline retest zone. This area is likely to act as a liquidity trap, where institutional sellers may re-enter aggressively 👀.
🎯 Key downside targets remain at
1. $8.98
2. $8.03
3. $6.92
Strategic Plan 🎖️
Look to initiate short positions around the neckline retest near $11, as the risk-reward becomes increasingly favorable from that level.
Trade with discipline. Let the structure lead the execution. 🫡🧠
〽️ The Head and Shoulders pattern has broken down successfully, confirming a bearish structure.
💠We anticipate a potential relief bounce towards the $11 region which aligns closely with the neckline retest zone. This area is likely to act as a liquidity trap, where institutional sellers may re-enter aggressively 👀.
🎯 Key downside targets remain at
1. $8.98
2. $8.03
3. $6.92
Strategic Plan 🎖️
Look to initiate short positions around the neckline retest near $11, as the risk-reward becomes increasingly favorable from that level.
Trade with discipline. Let the structure lead the execution. 🫡🧠
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.