INJUSDT updated support and resistance levelsThe price has bounce from daily support DS1 and moved beyond the 4h support. It seems the price wants to head up to daily resistance DR1. This would provide a short opportunity. I think a short will be favorable from resistance zone DR1 towards the 4h support 4HS2 and may extend to daily support DS1. But lets monitor the price and we will take the trade accordingly. I will share the my setup if I take any trade.
Injusdtperp
INJUSDT likely to bounce to 7.26-7.30 from 4h supportLets play this long trade here. Probably a less riskier bet would be to long from 4HS2 level but I feel its gonna give a bounce for a long trade already from 4HS1. I will add if it goes to 4HS2. The target should be the next 4h resistance 4HR1 zone around 7.27-7.30.
INJUSDT again at daily support, likely to aim for daily resistLets take another long from the daily support targeting the daily resistance again. This spike was due to this market not being that liquid like Binance one. But if you are not playing with very big size, not so liquid markets (provided this market is very liquid elsewhere) can be a boon as it can give you a very good entry and exit.
Does INJprice still have the strength to rise or fall right now?In our opinion, the price of INJUSDT is at the stage of final acceleration in parabolic growth.
The completion of the 5th wave may be already around 7$, it may be around $7.50, or around $8.40. This should be closely monitored by those who hold a long position on INJUSD, as the correction may begin abruptly from the above levels.
Where can the correction take place, or where are we ready to buy INJ ?
In the area of 4$ in the event of a weak correction in the crypto market and 3$ and below in the event of a strong drop.
In principle, all levels are equal on the chart) Use it for health and with profits)
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