$INJ - update:

The price is sitting on key support here at 22.50$ but will more likely break down!

Double bottom possible on the H4 but the weekly view looks bad⚠️

This support isn't strong regarding the HTF Bearish momentum⚠️

I think that the price could fall toward the 21.50 or even 20.00$ again! 📉

I do'nt think it's safe to enter in long position yet.

The last chart is showing the neutral zone [M15]. The price is moving between the 22.90 - 23.60$ range zone.

For the long term; the price must break the 25.00$ key resistance

I also don't recommend to short if the 22.50$ is holding.

It can also be a bear trap before a pump toward the 25.00$ zone again!

#INJ #TradingMadeEasy #InjectiveCoin #injective