š Trade Setup on $INJ - Injective Protocol: Neutral Descending Triangle š
š Market Sentiment: Neutral
š Pattern: Descending Triangle (Emerging)
š¼ Trend: Neutral (Short-Term), Uptrend (Medium- and Long-Term)
š Momentum: Mixed (Bullish MACD, Neutral RSI)
š Trade Analysis:
Pattern Recognition ā | Neutral Trend ā | Breakout Anticipation ā
š Targets:
šÆ Potential Breakout: Upside to $45
š Stop Loss:
Set a price alert for breakout confirmation
š Support & Resistance:
šŖ Support: $30, $20
š Resistance: $45
šØ Trade Execution:
Traders may consider an entry upon breakout confirmation from the Descending Triangle, targeting potential gains to $45. Keep a watchful eye on the price action and exercise caution.
#INJ #InjectiveProtocol #CryptoTrading #DescendingTriangle #TechnicalAnalysis šš