$INJ /USDT Trading Signal – Pullback or Breakout Opportunity?

Current Price: $22.69 (-2.11%)

24h Range: $22.67 - $23.69

24h Volume: 670,262.18 INJ

Observation:

INJ/USDT faced resistance at $23.69, triggering a pullback to $22.69. The price is testing support, and the next move could provide a breakout or further decline. Momentum appears neutral with slight bearish pressure.

---

Trading Plan (1H Timeframe):

Long Entry: $22.50 - $22.80

Targets:

T1: $23.20

T2: $23.70

T3: $24.20

Stop Loss: $22.20

Alternate Plan:

If price breaks below $22.50:

Short Entry: $22.50 - $22.20

Targets:

T1: $22.00

T2: $21.50

Stop Loss: $22.80

Analysis:

MACD shows a bearish cross, but a rebound from $22.50 could indicate buying interest. A break above $23.20 would confirm bullish continuation, while failure to hold $22.50 could lead to lower levels.

Strategy Advice: Monitor price action near support and resistance levels. Use tight stop-losses to minimize risks, and secure profits at target levels.

#CryptoTrading #TradingSignals #INJUSDT #BitcoinHashRateSurge #USJoblessClaimsDrop