šŸ“‰ Trade Setup on $INJ - Injective Protocol: Neutral Descending Triangle šŸ”„

šŸ“Š Market Sentiment: Neutral

šŸ” Pattern: Descending Triangle (Emerging)

šŸ’¼ Trend: Neutral (Short-Term), Uptrend (Medium- and Long-Term)

šŸš€ Momentum: Mixed (Bullish MACD, Neutral RSI)

šŸ“‰ Trade Analysis:
Pattern Recognition āœ“ | Neutral Trend āœ“ | Breakout Anticipation āœ“

šŸ“ˆ Targets:
šŸŽÆ Potential Breakout: Upside to $45

šŸ›‘ Stop Loss:
Set a price alert for breakout confirmation

šŸ“‰ Support & Resistance:
šŸ’Ŗ Support: $30, $20
šŸš€ Resistance: $45

šŸšØ 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 šŸ”„šŸ“ˆ