$INJ next support is at $8.45I don’t have good news.
I remember buying CRYPTOCAP:INJ last June and selling it at a loss in December. Looking back, I’m glad I did—if I had held, my losses would now be over 80%, which is catastrophic.
I’ve spent some time in the Dojo Trading Telegram chat, talking with some great people. No doubt, there are real believers and long-time holders there. I feel for them, seeing how bad things are going now.
📉 The chart shows the next support at $8.5—I can’t believe I’m writing this, but it is what it is. Hopefully, that will be the bottom.
In another idea (check my profile), I predicted a bearish crypto market until May 2025, followed by two months of relief with a pump and a mini altseason.
That said, nothing is certain in this toxic environment filled with war tensions, tariffs, and a looming recession.
I’m sticking to my view that May and June will be bullish, purely based on indicators and charts.
The dump is global. A few new coins are hyped for a couple of weeks, but the entire crypto market has been bleeding since June 2024. The brief relief in December? Completely erased—and worse.
Prepare for the worst. The storm will end in May. Go fishing, touch some grass. CRYPTOCAP:INJ and NASDAQ:ATOM are solid projects, but right now, only whale stakers are profiting, while retail investors are getting slaughtered.
DYOR.