Thrilling Update: $INJ Short Liquidation Alert!
A short liquidation of $6.6035K just occurred at $26.11095!
This indicates that short-sellers had to buy back, pushing prices up.
Key Details:
Liquidation Price: $26.11095
Market Sentiment: Short positions closing means buyers are gaining strength.
Next Move Suggestions:
1. Support Level:
Closest support is near $25.50.
Watch for price action if it drops here—good entry point for a buy.
2. Resistance Level:
Strong resistance is around $27.50.
A breakout above this could signal a buy for upward momentum.
Should You Buy or Sell?
If bullish momentum continues, consider buying on dips near support.
If price struggles at resistance ($27.50), you can sell for short-term profit.
Watch the trading volume and RSI (Relative Strength Index).
If RSI is below 30, it could mean oversold (buy), and if above 70, it might be overbought (sell).
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