Technical analysis by Zaurus_Trades about Symbol INJ: Sell recommendation (1/18/2024)

Injective Protocol had a blast in the second half of the year 2023. It looks like BTC ETF hasn't such an impact and new money hasn't flowed into the market as expected. INJ has a double top formed, and the daily candles trendline is being tested at the moment. If it breaks, a nice correction (which is healthy) for the price foreseen. always happy to hear other opinions.TP1 touched. 48% of the position were closed.decided to put stop loss @37.2 after 48% of the bag were sold to take profit at TP1. The market is accumulating, going to spectate its expansion.