Price: 10.39 | EMA7: 11.12 | EMA25: 13.07 | RSI14: 43.38 | Resistance: 53 | Support: 6.34 | Average Volume: 10512418.62 | Volume Trend: Decreasing
Based on the 1-week technical analysis of INJUSDT, I would advise the following:
**General Trend:** Bearish
**Current Price:** 10.39
**Current EMA Short Trend:** Bullish (EMA7 > EMA25 at 10.39 price, but this bullish crossover is weak given bearish overall trend)
**RSI:** Below 50, indicating oversold conditions.
**MACD:** Bearish, indicating negative momentum.
**Volume Trend:** Decreasing, which may not be favorable for a strong breakout.
In light of these factors, I would recommend a cautious approach.
**Long Entry:**
Wait for a stronger bull crossover between EMA7 and EMA25.
Entry Price: 11.20-11.30 (just above the current EMA7, and near the 7-day low).
Target: 13.00-13.20 (just below the key resistance at 13.065).
**Short Entry:**
Wait for the price to retest the higher support level around 11.50-12.00.
Entry Price: 11.90-12.10 (just above the higher support).
Target: 8.50-9.00 (just above the 1-week low at 6.84).
Please note that these are general observations and not investment advice. It is essential to consider other fundamental and market analysis before making any trading decisions.