š„ INJUSDT | Short-Term Market Update š
Injective (INJ) faced a sharp drop earlier and is now consolidating near the demand zone. Price action shows range formation, suggesting a potential breakout move ahead š


š Bullish Scenario (Buy Setup)
ā
Entry:
5.02 ā 5.10
(Break & hold above consolidation resistance)
š Stop Loss (SL):
ā 4.85
(Below recent swing low / demand zone)
šÆ Take Profit (TP):
š„ TP1: 5.25
š„ TP2: 5.45
š„ TP3: 5.70
ā”ļø A confirmed breakout with volume can trigger fast upside momentum š
š Bearish Scenario (Sell Setup)
If price gives a strong close below 4.85:
š Sell Targets:
š 4.65 ā 4.50 zone
Downside continuation possible if market sentiment weakens.
š§ Market Insight
⢠Short-term trend: Neutral ā Slightly Bullish
⢠Price holding demand after sell-off
⢠Volume expansion = breakout confirmation
⢠Best trades come after range break
@Injective #injective $INJ
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