💥INJ/USDT: Bulls Maintain Control — 1-Hour Analysis
The INJ/USDT market shows a strong upward momentum: the price has risen to 5.99 (+2.22%) and previously reached 6.11, confirming a confident upward movement.
🚨Brief Overview of Indicators
EMA(21/50/99): 5.74 / 5.71 / 5.68 — candles consistently above, bullish trend.
RSI(6): 90.25 — pronounced overbought condition.
RSI(14): 70.95 — near the overheated zone.
MACD: 0.03 — weak but positive growth signal.
Stoch RSI: 100 — the market is overheated, a pullback is possible.
💰Trading Plan
Main scenario — long, but given the high RSIs, it is important to remain cautious: a short-term correction may occur before a new impulse.
🎯Targets:
6.07 — +1.33%
6.19 — +3.34%
6.23 — +4.01%
➡️Entry Points:
Conservative: after a correction to 5.80 — the safest option.
Aggressive: entry from 5.99 with fixation at the targets.
⛔️Stop-Loss: optimal level — 5.50, to avoid significant losses during trend reversal.
Spot Trading 👉$INJ
Futures 👇
