Are You Ready for the Next Move? Here's Why INJUSDT Might Surge!
Updated
Yello, Paradisers! Have you noticed how #INJUSDT has been holding strong lately? The pair has been forming an ascending support trend-line with multiple touches, which has caught our attention. It recently touched the supply zone, got rejected, and then tapped the ascending support again before bouncing back up.
💎What makes this setup interesting is that #INJUSDT has successfully flipped a previous resistance level into a support zone, and it's doing so with solid volume backing the move. This indicates that there’s a strong probability the pair could make another run towards the supply zone around $19.62-$20.05. If the buying pressure continues to build, we could see a further push up to test the resistance at $21.32.
💎However, we must also be cautious. If the ascending trend-line fails to hold as support, there's a key support level at 17.29-$17.00 (previously resistance). A strong reaction and hold at this level could provide a solid base for another upward move toward the supply zone and then resistance.
💎But remember, our analysis becomes invalid if a 4-hour candle closes below this support level. In that case, it’s time to reassess the situation and adjust our strategies accordingly.
Stay sharp, Paradisers! The next few moves could be crucial in determining the direction of INJUSDT. Play it smart, and always keep your risk management in check.
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO
MyCryptoParadise
iFeel the success🌴
💎What makes this setup interesting is that #INJUSDT has successfully flipped a previous resistance level into a support zone, and it's doing so with solid volume backing the move. This indicates that there’s a strong probability the pair could make another run towards the supply zone around $19.62-$20.05. If the buying pressure continues to build, we could see a further push up to test the resistance at $21.32.
💎However, we must also be cautious. If the ascending trend-line fails to hold as support, there's a key support level at 17.29-$17.00 (previously resistance). A strong reaction and hold at this level could provide a solid base for another upward move toward the supply zone and then resistance.
💎But remember, our analysis becomes invalid if a 4-hour candle closes below this support level. In that case, it’s time to reassess the situation and adjust our strategies accordingly.
Stay sharp, Paradisers! The next few moves could be crucial in determining the direction of INJUSDT. Play it smart, and always keep your risk management in check.
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO
MyCryptoParadise
iFeel the success🌴
Trade closed: target reached
BINGO! Did you catch the explosive 22.50% surge in INJSUSDT after it tapped into a critical support zone? It just did what we predicted
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