Price: 11.91 | EMA7: 11.82 | EMA25: 11.65 | RSI14: 63.25 | Resistance: 13.28 | Support: 10.95 | Average Volume: 41317.92 | Volume Trend: Decreasing
For INJUSDT on the 1-hour chart:
- Current price is 11.91, slightly above EMA7 (11.82) and EMA25 (11.65), indicating a bullish trend.
- RSI14 is at 63.25, suggesting the asset is not overbought yet.
- MACD is positive, supporting the bullish momentum.
**Long Entry:** A break above the current resistance at 13.28 could signal further upside. Consider a long entry around 12.20-12.50 if the price pulls back, with a stop loss below 11.65.
**Short Entry:** If the price fails to break the resistance at 13.28 and shows signs of reversal, consider a short entry around 12.80-13.00, with a stop loss above 13.28.
**Spot Buy:** For a spot buy, a more conservative entry could be around 11.65-11.80, or wait for a breakout above 13.28 for a potential continuation of the uptrend.
Keep an eye on the volume; a decreasing volume trend could indicate a weakening trend.