📉 @Injective $INJ — Micro Trend Update (December 6)
YGG is currently trading at $0.0713, showing a slight intraday pullback while forming a short-term recovery bounce on the 1-minute chart.
After touching the intraday low at 0.0709, buyers reacted quickly, pushing price back above the MA(7) line. MA(7) is curving upward, hinting at a potential micro bullish momentum, while MA(25 & MA(99) remain above the price — confirming the broader trend is still bearish.
Key Highlights:
🔻 24h Change: –5.06%
📊 24h Range: 0.0763 – 0.0695
🟡 MA(7): Turning upward — early momentum shift
🟣 MA(25/99): Still above price → downtrend intact
📈 Volume spike observed during bounce from 0.0709
Conclusion:
YGG is in a micro-reversal attempt, but still inside a higher-timeframe downtrend.
If price holds above MA(7), the next reaction zone is around 0.0720–0.0725.
Failure to sustain may retest 0.0700.
🔗 Men
@YieldGuildGames
