$INJ/USDT 4h (#Bybit) Rising broadening wedge breakdown & retest

Updated
Injective Protocol printed a shooting star on supply zone and seems likely to retrace down again.

⚡️⚡️ #INJ/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.4X)
Amount: 5.0%

Current Price:
8.7850

Entry Zone:
8.7985 - 9.3095

Take-Profit Targets:
1) 7.7755
2) 6.8130
3) 5.8505

Stop Targets:
1) 10.1235

Published By: @Zblaba

IINJ #INJUSDT #Injective #DeFi #Web3 injective.com

Trade closed: target reached
🎯 TP1 reached with +1.2R

Injective filled all entries before retracing down and now lost 100EMA support, continuation is in play.

snapshot
injTrend Analysis

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