← Back to Home

📊 Analysis: INJUSDT (15m)

Price: 11.7 | EMA7: 11.76 | EMA25: 11.8 | RSI14: 44.55 | Resistance: 12.16 | Support: 10.7 | Average Volume: 20579.66 | Volume Trend: Decreasing

🤖 AI Insight

Based on the 15m technical analysis of INJUSDT:

- The price is currently at 11.7, below both EMA7 (11.76) and EMA25 (11.80), indicating a bearish trend.
- RSI14 is at 44.55, suggesting the asset is not oversold but leaning towards a potential bounce or consolidation.
- MACD is negative (-0.0064), supporting the bearish momentum.

**Long/Short Advice:**
- For a **Long** position, a good entry would be above the resistance at 12.16, with a stop-loss below 11.7. Alternatively, a more conservative entry could be after a clear bounce off the support at 10.7, aiming for a target above 12.16.
- For a **Short** position, entry could be considered below the current price, targeting the support at 10.7, with a stop-loss above 12.16.

**Spot Buy Price:**
A good spot buy price could be around 10.7 (current support level), given that it represents a significant support area. However, confirmation of a bounce or a bullish reversal pattern is needed to minimize risk.

Keep an eye on volume; a decreasing volume trend might indicate a lack of conviction among traders, potentially leading to a breakout or significant move once volume picks up.