$IN Are you ready for the correction?
I’m looking for a short opportunity on IN after the recent sharp rise.
The price jumped from the $0.071 zone to nearly $0.089 in a very short time and now shows signs of exhaustion near the resistance level. The latest candlesticks indicate that buyers are losing momentum while sellers are starting to step in.
As long as the price stays below the rejection zone between $0.088-$0.089, a deeper correction remains likely.
Trade Setup
Entry Range: $0.0830 – $0.0850
Target 1: $0.0820
Target 2: $0.0810
Final Target: $0.0800
Stop Loss: $0.0895
The trend is still strong overall, so this is a short-term bearish trade focusing on the correction from resistance rather than a major trend reversal.
Click below to take the trade
$IN
I’m looking for a short opportunity on IN after the recent sharp rise.
The price jumped from the $0.071 zone to nearly $0.089 in a very short time and now shows signs of exhaustion near the resistance level. The latest candlesticks indicate that buyers are losing momentum while sellers are starting to step in.
As long as the price stays below the rejection zone between $0.088-$0.089, a deeper correction remains likely.
Trade Setup
Entry Range: $0.0830 – $0.0850
Target 1: $0.0820
Target 2: $0.0810
Final Target: $0.0800
Stop Loss: $0.0895
The trend is still strong overall, so this is a short-term bearish trade focusing on the correction from resistance rather than a major trend reversal.
Click below to take the trade
$IN