📉 Trade Setup on
$INJ - Injective Protocol: Neutral Descending Triangle 🔄
📊 Market Sentiment: Neutral
🔍 Pattern: Descending Triangle (Emerging)
💼 Trend: Neutral (Short-Term), Uptrend (Medium- and Long-Term)
🚀 Momentum: Mixed (Bullish MACD, Neutral RSI)
📉 Trade Analysis:
Pattern Recognition ✓ | Neutral Trend ✓ | Breakout Anticipation ✓
📈 Targets:
🎯 Potential Breakout: Upside to $45
🛑 Stop Loss:
Set a price alert for breakout confirmation
📉 Support & Resistance:
💪 Support: $30, $20
🚀 Resistance: $45
🚨 Trade Execution:
Traders may consider an entry upon breakout confirmation from the Descending Triangle, targeting potential gains to $45. Keep a watchful eye on the price action and exercise caution.
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