⚡ $INJ Long Liquidation Alert! ⚡
💥 A major $5.26K long liquidation just happened at $21.35827, signaling a potential shift in momentum! Will $INJ continue its descent, or are bulls preparing for a strong recovery? Let’s dive in.
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What’s Next for $INJ?
📉 Scenario 1: Bearish Continuation
If bearish pressure remains, $INJ could continue to fall, retesting key support levels.
📈 Scenario 2: Bullish Rebound
After a liquidation, the price often bounces back as fresh buying enters the market. A strong reversal could be in play.
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Key Levels to Watch
✅ Buy Zone: $20.80 – $21.50
Watch for price stabilization or signs of bullish momentum in this range before entering.
🎯 Targets:
1. Target 1: $22.50
2. Target 2: $23.50
3. Target 3: $25.00
❌ Stop Loss: $20.00
Protect your position by exiting if the price drops below this key level.
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Pro Tips for Trading $INJ:
1. Wait for Clear Confirmation: Look for bullish signs like higher lows or strong buying volume before jumping in.
2. Volume is Key: A significant increase in volume near key support could signal a price reversal.
3. Risk Management: Always use a stop loss to protect your investment and avoid large losses.
🔥 With this $5.26K liquidation, might be setting up for explosive movement. Will you be ready for the next move?
Always do your own research (DYOR) before making any trade. Stay disciplined and trade wisely! 🚀
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