🔥 Technical Analysis for #Injective🔥 (INJ) on 4H Chart 🔥

Here are the recommended entry points for long and short positions, along with potential take-profit levels:

🚀 Long Positions:

🟢 Entry: Buy near the $22.00 support zone, where strong buying activity has been observed.

🎯 Target 1: $26.00 — the closest resistance level.

🎯 Target 2: $30.00 — the next key resistance zone.

🟢 Entry: Upon breakout and confirmation above $26.00.

🎯 Target 1: $30.00.

🎯 Target 2: $34.00 — a level where selling pressure occurred in the past.

⚡️ Short Positions:

🔴 Entry: Short near the $30.00 resistance if the price fails to break through.

🎯 Target 1: $26.00 — the closest support level.

🎯 Target 2: $22.00 — the next major support zone.

🔴 Entry: After a breakdown and consolidation below $22.00.

🎯 Target 1: $18.00 — a previous consolidation zone.

🎯 Target 2: $15.00 — a strong historical demand level.

🧠 Pro Tips:

🛡️ Stop-Loss: Place stop-losses slightly below support for long positions and above resistance for short positions to minimize risk.

📈 Volume: Watch for volume spikes during breakouts to confirm the strength of the move.

📊 Indicators: Use tools like RSI to identify overbought or oversold conditions for better timing.

💡 Remember: Crypto markets are volatile, and technical analysis is not foolproof. Always manage your risks and make informed decisions! 🌟

💸 Don’t miss out on your profit! 📈 Set your orders right now — click on the chart below! $INJ 👇

Good luck trading! 🚀💰