sell
INJUSDT Short Position at Critical Support Level
A short position on INJUSDT is recommended from $11.164 with a stop loss at $11.274. In the 2-hour timeframe, INJ exhibits signs of local compression today. The price peaks are gradually decreasing, forming a downward structure. A clear support level is actively being tested, with traders placing their stop-loss orders there. Movement along this support level is accompanied by increased selling volume, and order book activity is accelerating in front of a potential breakthrough.
The target prices for closing the position are set at 10.880, 10.756, and 10.671. Engage with the community through the provided link.
Trade open, watch for level breakout signals.
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AI Analysis
The current market conditions for INJUSDT on the 2-hour timeframe reveal signs of a potential bearish move. The observed local compression indicates that the price is consolidating just above a suppor...
AI Recommendation
Given the current technical signals, initiating a short position with a stop loss slightly above $11.274 appears justified. Traders should monitor volume spikes and order book activity for confirmatio...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.