Thrilling Update on $INJ ! 🚨

A large liquidation of $5.25K has been recorded at $21.35827 for INJ. Such liquidations often signal high market volatility and potential opportunities for traders.

Let’s dive into what could happen next and create a plan to trade wisely.

Key Levels to Watch for $INJ :

Buy Zone:

$20.50 - $20.90

This area shows potential support where buyers could step in, especially if the price stabilizes after the liquidation.

Target Levels:

Target 1: $22.50

Target 2: $23.30

Target 3: $24.00

If the market momentum strengthens, these levels could be achievable.

Stop Loss:

$19.80

This level protects your capital if the market breaks below key support and bearish momentum takes over.

Trading Strategy:

1. Wait for Confirmation:

Monitor the price action near the buy zone. Look for a bounce or strong support before entering a trade.

2. Risk Management:

Always use the stop-loss to limit losses. Trade only with a small portion of your capital to reduce risk.

3. Watch Volume:

Increased trading volume near the buy zone could signal stronger buying interest.

What’s Next for $INJ ?

If the price bounces above $21, bulls could regain control, pushing toward the higher targets.

However, a break below $20 might trigger further downside, so stay cautious.

Final Thoughts:

The market is volatile, so patience is key. Stick to your trading plan, and avoid chasing the price.

Monitor the overall market sentiment and INJ-related news for better insights.

Stay sharp, and good luck with your trade!

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