INJ / Tether PERPETUAL FUTURES
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$INJ Short Idea

Price backtested LTF support level (circled) -- which was my trigger/entry.

Invalidation above circled wick.

Targeting $6.2's -- imo that wick is getting filled.

Let's see.
Not
Also would like to note that I think this goes for sub-$5 by EOY ... but I'm just trading it level-to-level.
Not
Wrong on this one - stopped at BE.

Still think this goes sub-$5 by EOY but am going to let price develop more before looking for re-entry.
Not
Got back in around $7.02.

Invalidation = clean break above 7.08.

Me thinks that short wipe from ETF "news" was last scam pump before 6.2's.

Let's see.
Not
Closed around 6.3 last night.

GG's if you took this with me.

Onto the next.

Feragatname