🚹 $INJ/USDT Technical Analysis Update

đŸ’„ Trendline Retest in Action!

📉 Last week, we saw a significant breakout above the downtrend line on the $INJ chart. Now, we're experiencing a crucial retest of that trendline, signaling a potential buying opportunity.

💡 Why is the Retest Important?
The retest phase typically offers a better entry point than the breakout itself. Instead of chasing the breakout candles, waiting for the retest provides a more calculated and risk-managed approach.

🔎 My Strategy:

I prefer entering before the breakout or during the retest, when price confirms the strength of the trendline support.

✹The coming week will be crucial, as the price action will indicate whether we're continuing the uptrend or heading back into consolidation.

👀 Watch and Adapt: Next week is key! Stay alert to how the market moves and be ready to adjust your strategy accordingly.

⚠ As always, DYOR (Do Your Own Research) before making any trades!

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