#INJ/USDT📈 Holding is Holding it's strong support at 31$ | B Gugu on Binance Square

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#INJ/USDT📈  Holding  is Holding it's strong support at 31$
if Bitcoin Trade's between 66k to 69k. it's good Chance INJ will Bounce Back From this Level 
#write2earn 

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$BTC Analysis: The recent rejection at $61,100 has resulted in the 200 EMA serving as robust resistance. We forecast a potential decline to $56,000, where BTC may find a support level and initiate a bullish reversal.Nevertheless, today's market landscape is subject to change with the release of the highly anticipated 🇺🇸 USD - Core PCE Price Index (month-over-month) at *05:30*. This high-impact news event is likely to generate substantial market volatility, potentially influencing BTC's price trajectory.

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$BTC Analysis : Consistent with our previous discussion on August 14th, Bitcoin (BTC) has encountered resistance at $61,700 and corrected to the $56,800 range. Moving forward, I expect a short-term recovery to $59,400, with a possible brief touch of $60,200. Nevertheless, a further decline to $54,500 remains a possibility. #Write2Earn! #BTCanalysis

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$BTC Analysis: We expect BTC to reach $61,700, where it will likely face rejection and drop to $56,800, potentially even falling further to $54,500. Following this, we anticipate a double bottom formation, after which BTC will break out and surpass $66,500. This price action is expected to unfold throughout the month of August.

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$ORDI is bullish momentum and is trying to break out above its key resistance level of $31.5. A successful breakout could propel it to $34-36. Nevertheless, it's crucial to be aware that if $BTC experiences a downturn to $55,000-$53,000, ORDI may mirror this movement and decline accordingly. #Write2Earn!

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