Long

📊#INJ short structure goal is achieved, be cautious in shorting

Updated

🧠We began to stabilize after completing the goal of the double-top short structure, and during the decline, we swept the liquidity pool below and began to rebound. Considering that the general direction is bullish, we can still expect to continue to rise📈

⚠️Note that if we continue to break below the bullish defense level, the bullish view will be invalidated.❌

Let’s see 👀

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Trade closed: target reached

📊#INJ potential smiley face bearish structure, long with caution⚠️

➡️We fell back quickly after completing the rebound target, and set up risk-free after locking in 80% of the main profit, but we were eventually swept away. 💰🍻

🧠This means that the selling pressure here is still very heavy, and we can only treat it as a rebound rather than a reversal. Structurally, there is no nice-looking structure forming here, just a bounce after sweeping the liquidity pools, so caution is reasonable. ✔️

➡️If we fall below the bull defense point, then the smiley face bearish structure will be established, which means that we will enter a callback suppressed by the short structure, so we need to be cautious in going long. ⚠️

Let’s see 👀

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Note

📊#INJ may fall based on smiley structure📉

🧠In yesterday's rebound, we did not continue the bulls' strength to break through the previous high, but fell below the bulls' defensive point, so a smiley bearish structure was established. Combined with the fact that the adjustment at the daily level has never occurred, we have expectations of a correction, so we are cautious in pursuing the rise. ⚠️

➡️If the market really develops as expected, then we will most likely sweep through the liquidity pool below. ✔️

⚠️Note that if we break the bearish defense, the bearish view becomes invalid. ❌

Let’s see 👀
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Trade closed manually

There is no continuation of the short strength to break through the previous low.

The rebound after the vicious sweep of liquidity is expected to continue to break through the previous high, so the bearish view is invalid.

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