$INJ price analysis, read🧵👇

Price is in a downtrend, below the 200-day moving average. After a bearish breakout from Sideways Channel, below $20 support, price dipped to $14 support and got oversold (RSI < 30). Hence, we could see the price bounce up near-term back to $20. This is a higher risk trade setup since the overall trend is down. Stop Loss (SL) at $12.70.

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