INJ: Scalping Long Setup | 13.09
2024-09-13

Hello Friends 😀

One of my favorite coins to scalp and definitely one I am eyeing to bid. Currently, we're seeing a bearish divergence on the RSI, which indicates a potential reversal. What makes this setup particularly interesting is the presence of an untapped daily POC (Point of Control) right at the level of the Fair Value Gap (FVG). This zone offers an attractive level to enter a position as it could serve as a solid support area.

Additionally, the VWAP (Volume Weighted Average Price) could provide further support, potentially stabilizing the price around this level. 

The combination of the bearish divergence, the untapped POC, and the support from the VWAP makes this setup particularly compelling for a short-term trade. 