Injective / Tether
Short
Updated

INJective protocol - it needs to breath (I guess)

990
Injective protocol has been on an uptrend since October 2022.

and has risen over 900%.

Recently it made a local high of 9$ and the price started rejecting from it. it tried to break above it and failed...

it has made a double top pattern in 1 Hr timeframe.

I am looking at the correction in this coin.

A potential trade setup is possible.



lets see the PA, if it happens.
Trade active
Trade closed: stop reached
Note
just a matter of time,

still looking for shorts... keep your eyes on those trendlines and RSI

snapshot
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.