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angela_altair

INJUSDT heading to daily support at 7.10-7.13 before a bounce

INJ / TetherUS (BINANCE:INJUSDT)  
angela_altair  
BINANCE:INJUSDT   INJ / TetherUS
Trend Analysis Chart Patterns Technical Indicators inj INJUSD INJUSDT injusdtperp injusdtidea injusdtshort injusdtlong injusdtanalysis
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trendanalysis chartpattern indicator inj injusd injusdt injusdtperp injusdtidea injusdtshort injusdtlong injusdtanalysis
The price is heading southward. The next support is the daily support DS1. This support is sitting around 7.10-7.13. It is likely that the price will hit this zone on this drop. There is a weekly support sitting below this daily support 6.91-7.03. There is a possibility that the price may hit that before a bounce but I think daily support will provide some bounce favoring a long trade. If it hits WS1, the bounce will be larger and a better long opportunity.

Related Ideas

angela_altair
INJUSDT at 4h resistance, likely to revisit 7.30
angela_altair
INJUSDT at hourly resistance, expecting a pullback to 7.35-7.36
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