$INJ/USDT 4h (#BinanceFutures)Ascending trendline break & retest

Injective Protocol looks overbought and printed a shooting star on supply zone, seems likely to retrace down to 100EMA again.

⚡️⚡️ #INJ/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (4.0X)
Amount: 7.3%

Current Price:
8.715

Entry Targets:
1) 8.819

Take-Profit Targets:
1) 7.456

Stop Targets:
1) 9.730

Published By: @TradingOn

INJ #INJUSDT #Injective #DeFi #Web3 injective.com

Risk/Reward= 1:1.5
Expected Profit= +61.8%
Possible Loss= -41.3%

Trade active:

Entry filled

Trade closed: target reached:

INJ got rejected as planned and precisely hit TP, 2 successful shorts in a row!