Crypto Trade Signal – $INJ 🔥
Action: 🔴 SELL (Breakdown / Momentum continuation)
📍 Entry Zone: $2.960 – $3.000
🛑 Stop Loss: $3.060 (above recent minor high & resistance)
🎯 Take Profit Targets:
• TP1: $2.900**
• TP2: **$2.810 (near lower AVL/SUPER zone)
• TP3: $2.750 (major support structure)
📊 Market Insight:
Price is trading at $2.988**, down **-0.73%**, and is compressing near the **24h low of $2.948. Lower highs are forming after the rejection from **$3.103**. MA(5) is below MA(10) on volume, indicating weakening buying pressure. Momentum is bearish, with price struggling to hold above $3.00. The path of least resistance looks lower toward $2.80–2.75.
⚡ Plan:
Enter on a **break and close below $2.95**, or a retest of **$2.98–$3.00** failing to push higher. Keep stop tight above $3.06. Target the $2.90 zone first, then trail into $2.75. Avoid longs unless price reclaims $3.10 with volume.