Market Observation:
Considering a long trade on INJ, with a safer option to wait for BTC to surpass the $60,000 level before entering.
Trade Setup:
Entry: $22.50 - $26.00. Alternatively, wait for BTC to break $60,000 before entry.
Take Profit: $30.00 - $32.50 or $39.00 - $41.50.
Stop Loss: Just below $22.00.
Risk Management:
Utilize a stop loss just below $22.00 to manage potential losses.
ππ‘ Trade Strategy Rationale:
Anticipate a bullish move in INJ, targeting profit levels aligned with resistance areas.
ππ Stay attuned to BTC's movements for trade entry adjustments! #INJTrading #CryptoAnalysis ππ
Considering a long trade on INJ, with a safer option to wait for BTC to surpass the $60,000 level before entering.
Trade Setup:
Entry: $22.50 - $26.00. Alternatively, wait for BTC to break $60,000 before entry.
Take Profit: $30.00 - $32.50 or $39.00 - $41.50.
Stop Loss: Just below $22.00.
Risk Management:
Utilize a stop loss just below $22.00 to manage potential losses.
ππ‘ Trade Strategy Rationale:
Anticipate a bullish move in INJ, targeting profit levels aligned with resistance areas.
ππ Stay attuned to BTC's movements for trade entry adjustments! #INJTrading #CryptoAnalysis ππ