Today's Recommended Potential Coins Strategy 2: INJ (Long)
Trading Strategy Settings: Direction: Long | Leverage: 3-5x (Considering the uncertainty of daily oversold rebounds, reduce leverage) | Entry Range: $4.68-$4.72 (Current price can directly market buy, or place order near 4-hour EMA12) | Stop Loss: $4.50 (Below the lower band of the 4-hour Bollinger Band, allowing for a 4-5% stop loss space) | Primary Target: $5.00 (Psychological round number, an increase of about +6.4%) | Extended Target: $5.20 (Middle band of the daily Bollinger Band, potential +10.6%) | Risk-Reward Ratio 1.50, suitable for moderate risk-takers.
Market Conditions and Fundamentals: INJ current price $4.703, FDV $4.70 billion (fully diluted), 24-hour spot trading volume $32M. As a native Layer 1 public chain of the Cosmos ecosystem, Injective focuses on decentralized perpetual contracts and spot trading, with strong protocol stability, daily expenses of $1,305, and although revenue is low, institutional holdings account for a high 91.25% (of which the protocol's cross-chain bridge holds 82.76%), with a robust structure.
Trading Data Analysis: The perpetual contracts have covered four major platforms: Binance, Bybit, OKX, and Hyperliquid, with a total position volume of $56.9M, a 24-hour change of -12.15% (reduced leverage is beneficial for bottom stabilization). The funding rate remains positive (0.0057%-0.01% range, 8-hour cycle), with longs slightly needing to pay fees but within controllable limits. In the 24-hour liquidation data of $110k, long liquidations of $102k far exceed shorts at $8.5k, indicating that previous chasing funds have been cleared, and the current price is in a relatively safe zone.
Technical Indicator Analysis: The 1-hour chart shows a strong breakout, with the price touching the upper band of the Bollinger Band at $4.698, RSI 62.0 is in a healthy bullish range, MACD histogram remains positive, and EMA12/EMA26 have been crossed positively by the price forming a short-term golden cross. The 4-hour chart shows RSI 48.9 returning to neutral, with the price located between the middle and lower bands of the Bollinger Band (middle band $4.717, lower band $4.520), and the EMA cluster at $4.665-4.714 provides multiple supports. The daily chart shows RSI 37.8 deeply oversold, with the price nearing the lower band of the Bollinger Band at $4.310, all moving averages (EMA12 $4.916, SMA50 $5.944) are above, forming a huge compression space, and once the daily level rebound starts, the potential increase could be considerable.
