PA has been moving within a 12hr since Futures Perp for INJ was launched by Binance in August whose PA chart I am banking on for this analysis.
The opening day's trading in August immediately left supply liquidity which although induced already, has still not been mitigated still, and it looks juicy for me.
There has not been any major news coming from the team lately, although the team has been strategic with certain beneficial partnerships which will hopefully yield results soon, and into the next bullrun. I believe this would push prices right into the liquidity up top, to send it crashing all the way down.
Might take some days or weeks to trigger, but the market favours the patient.
The opening day's trading in August immediately left supply liquidity which although induced already, has still not been mitigated still, and it looks juicy for me.
There has not been any major news coming from the team lately, although the team has been strategic with certain beneficial partnerships which will hopefully yield results soon, and into the next bullrun. I believe this would push prices right into the liquidity up top, to send it crashing all the way down.
Might take some days or weeks to trigger, but the market favours the patient.