Long Liquidation: $5,250.3 at $25.9017
A strong move is happening, and the market is watching closely!
Key Details About $INJ (Injective Protocol):
Purpose: A decentralized blockchain for DeFi, trading, and Web3 projects.
Popularity: Known for high-speed trading and innovation in derivatives markets.
Market Sentiment: Volatile but with solid fundamentals.
Next Move Prediction
If buyers step in, we might see a recovery toward higher levels.$INJ
If selling pressure continues, expect further drops toward lower support levels.
Support and Resistance Levels
Support: $25.00 – A strong level where buyers might protect the price.
Resistance: $27.50 – Sellers could defend this area.
Buy or Sell Advice
Short-Term Traders: Look for a buy opportunity near $25.00, but only if support holds.
Cautious Investors: Wait for a break above $27.50 before entering.$INJ
High Risk: If it falls below $25.00, consider selling or shorting for quick gains.
The market is moving fast. Stay sharp and trade wisely!