Injective (INJ)ย is a remarkable project that has been operational for about four years now. It has a market cap of more than $2 billion, features cross-chain compatibility, and is highly finance-optimized.
Please check their website at @injective.com if you are not familiar with the project and it's goal.
In the last month, the market has experienced two significant red daysย totallingย over $2 billion in liquidation. As indicated, the most recent one tapped into daily imbalance. Thoughย this might not represent peak downside for altcoins,ย I do not anticipate a daily candle closing below the two lows indicated at $15$โ13$. Keeping an eye on BTC.DOM will help efficiently time further entries/layers.