LIVE$INJ - price update:
The current price remain bearish, but touched an important support around 18.00$!
The short term price is showing reversal sign and could pump more📈 On the H4 view is highly oversell we can assume that a local bottom is forming!
The main trend remains bearish and bearish pressure is strong, if the $18.00 support is lost, then the #INJ price could fall towards $13..50 - $15! 🚨 Zooming on the weekly view, a retest of the 14 - 15$ zone makes more sense! 📉🚨
I don't recommend buying while the downtrend is in place! [H4]
The price could retest the $19 zone before rising again and breaking the trend! The 18$ level could also be tested!
To resume;
The short term price could react upward toward the 23 - 24$ zone, but if the 18$ support is break down, then we could expect a dump toward 13 - 15$!
