$INJ/USDT 2D (#Bybit) Parabolic channel on resistance

Injective Protocol got rejected on supply zone forming a reversal candle, seems likely to retrace down after a massive growth.

⚡️⚡️ #INJ/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.1X)
Amount: 5.0%

Current Price:
9.0575

Entry Targets:
1) 9.2390

Take-Profit Targets:
1) 6.6010

Stop Targets:
1) 11.0030

Published By: @TradingOn

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

Risk/Reward= 1:1.5
Expected Profit= +60%
Possible Loss= -40.1%

Trade active:

Amazing accuracy on that entry 🤯

Trade closed: target reached:

TP hit with +1.5R

That was quite a nailing, time to buy back INJ is near!