INJ Long Position (Resistance Breakout)
2024-09-13

Market Context: INJ has broken a crucial resistance and is showing strong signs of upside momentum, with moving averages beginning to trend upwards. We are looking for a pullback to the new support level around $17.5 to enter a long position.

Trade Setup:

Entry: Enter a long trade around $17.5 (new support level).
Take Profit:
First target: $20
Second target: $25
Third target: $30
Stop Loss: Below $16

📊 This setup is based on the retest of newly formed support and aligns with bullish market indicators. #INJ #Breakout #Crypto