🤖 AI Insight

INJUSDT is showing bearish momentum on the weekly chart.

* **Entry:** Consider a short position near the current price (9.89) aiming for support at 6.34.
* **Long:** Not recommended at this time due to the overall downtrend.
* **Spot Buy:** Hold off. Risk/reward is unfavorable for buying now.

**Rationale:**

* Price is below both EMA7 and EMA25, indicating downward trend.
* RSI remains below 50, suggesting bearish sentiment.
* MACD is bearish and trending downwards.
* Decreasing volume further indicates weakening buying pressure.


**Note:** This is a brief technical analysis. Always conduct thorough research and consider other factors before making trading decisions.