INJUSDT at daily support, likely to head to 8.i36
Updated
It seems that the price is ranging between the daily support and 4h resistance 4HR1. Since the price is again at the daily support, it makes the long favorable from there towards 4h resistance 4HR1. Though there should be some resistance at the level 4HS1 as that had and would act as a resistance when the price would try to move to the upside. Lets take this long trade with a target of 8.36. By the way at the time of posting it, the price has already bounced from that daily support level. So will wait for a better entry and add size slowly.
Trade closed: target reached
The price came to the daily support zone again to provide us a better entry and then bounced from that zone. The bounce was strong and it is on our way to the target towards the 4h resistance 4HR1. I close the position here.
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