#INJ/USDT #injectivehub $INJ āļø š© X2-X3
#bullish setup
#LONG Ā š
#PUMPā +57%šø Ā ā¶ļø Ā @INVESTIDEAUA
ā¶ļø Breakdown of the LONG structure
ON the graph 1W. āļøš© , Ā growth to $55.160
ON 1D chart. āļøš© , Ā growth to $55.160
ā¶ļø Ā FLAG, Ā growth up to $71
š Ā Correction is possible
1D āļø š„ $44,934 ā $30,066
š¤ Rationale:
šøTrade Volumes: Down -98.12% from 7-day high to approximately $1,112,303.18. The significant drop in trading volume of -98.12% from its 7-day high suggests a potential decline in trader interest or market momentum following the recent 35.9% rise in INJ prices.
šø Capital flows: decreased from 14,866.40 INJ in the last 7 days to -34,862.60 INJ, indicating a downward trend. Significant capital outflows, as evidenced by negative net flows of -34,862.60 INJ over the past week, contrast with the upward trend in INJ prices, suggesting a potential divergence where price increases may not be supported by current capital flow patterns.
š„ Elimination heat map:
ā¶ļøMagnetic Zone: A concentration of liquidation levels in a particular price range can indicate that price is likely to move towards that zone.
ā¶ļøSupport/Resistance Zone: In high liquidation zones, large traders or āwhalesā can quickly execute trades at favorable prices. Once they enter or exit orders within this liquidity, the price can reverse.
šTechnical characteristics:
ā¶ļø RSI: Neutral, in line with rising price trends, suggesting sustained bullish sentiment without immediate overbought concerns.