$INJ /USDT 4H Trade plan

Trend

Price 5.62, still below EMA 200 ( 6.28) bigger trend is still down / weak.

Short EMAs (5/12/53) are bunching under price short-term bounce, but not a full trend change yet.

RSI

RSI(6) 57 mild bullish momentum, not overbought, still has room up.

Example trade idea (educational, not financial advice)

Possible long entry: around 5.55–5.65 if price holds above the short EMAs.

TP1: 5.85 (recent local resistance)

TP2: 6.10–6.30 (near previous highs / under EMA 200 zone)

Stop-loss: under last 4H swing low, around 5.25–5.30

Key notes

As long as price stays under EMA 200, it’s just a rally in a bigger downtrend.

If candles start closing back below ~5.40 with volume, many traders would step aside or tighten stops.

@Injective #injective #Injective $INJ

INJUSDT

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