đ Trade Setup on
$INJ - Injective Protocol: Neutral Descending Triangle đ
đ Market Sentiment: Neutral
đ Pattern: Descending Triangle (Emerging)
đŒ Trend: Neutral (Short-Term), Uptrend (Medium- and Long-Term)
đ Momentum: Mixed (Bullish MACD, Neutral RSI)
đ Trade Analysis:
Pattern Recognition â | Neutral Trend â | Breakout Anticipation â
đ Targets:
đŻ Potential Breakout: Upside to $45
đ Stop Loss:
Set a price alert for breakout confirmation
đ Support & Resistance:
đȘ Support: $30, $20
đ Resistance: $45
đš Trade Execution:
Traders may consider an entry upon breakout confirmation from the Descending Triangle, targeting potential gains to $45. Keep a watchful eye on the price action and exercise caution.
#INJ #InjectiveProtocol #CryptoTrading #DescendingTriangle #TechnicalAnalysis đđ