$INJ Trading Strategy Update
🔎 Key Insight:
A short liquidation of $6.6138K occurred at $23.20627, suggesting strong bullish momentum. Buyers have taken control, and this could lead to a further upward push.
📈 Next Move - Buy Zone, Target & Stop Loss
1️⃣ Buy Zone:
Enter between $23.10 - $23.30. This range is near the liquidation level and ideal for capturing potential bullish continuation.
2️⃣ Target Levels:
Target 1: $23.80 (initial resistance)
Target 2: $24.50 (mid-level target)
Target 3 (Stretch Goal): $25.20
3️⃣ Stop Loss:
Set a stop loss at $22.80 to manage risk in case of an unexpected reversal.
💡 Strategy Insights:
Volume Check: Ensure buying volume increases near $23.20 to confirm continued bullish strength.
Risk Management: Allocate a controlled portion of capital and avoid over-leveraging.
Market Sentiment: Watch for external market news or trends that could impact $INJ price action.
🚨 Pro Tips for Success:
Wait for Confirmation: Ensure the price holds steady or shows upward movement in the buy zone before entering.
Take Profits Gradually: Secure gains at $23.80 and $24.50 while holding some for the stretch target of $25.20.
Set Alerts: Use price alerts for $23.30 and $23.80 to stay updated without constant monitoring.
Stick to your plan, manage risks wisely, and trust the process. Consistency and discipline are the foundations of successful trading!
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