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Injective’s (INJ) 33% Rally Triggers Short Squeeze Speculation Injective’s recent community vote to reduce INJ’s supply has sparked a rally in the altcoin’s value. Trading at $26.29 at press time, its price has surged 33% over the past week. Despite this rally, INJ futures traders have placed short bets against its price. However, with the token poised to extend its gains, these short traders risk facing a potential short squeeze. Injective’s Transition Boosts Market Interest On January 5, a governance proposal to transition from Injective 2.0 to Injective 3.0 was approved, with 99.99% of community members voting in favor. This upgrade will reduce the supply of INJ tokens, making it “one of the most deflationary assets over time.” The positive hype around this upgrade is currently driving the INJ price rally, whose value has risen by 18% in the past two days. Interestingly, despite this, the token’s futures traders remain unimpressed and have continued to demand more short positions. This is reflected by INJ’s Long/Short Ratio, which is 0.99 at press time. Injective Long/Short Ratio This ratio compares the number of long positions (bets that the price will rise) to short positions (bets that the price will fall) in a market. When the ratio is below 1, it indicates that there are more short positions than long positions, suggesting a bearish sentiment among traders. Rising Demand for INJ Puts Short Traders at Risk However, with growing demand for INJ, these traders are at risk of a potential short squeeze. A short squeeze occurs when a shorted asset experiences a price increase, forcing short sellers to buy back their positions to limit losses. This buying pressure can drive the price even higher, creating a feedback loop that accelerates the upward trend. INJ’s rising Relative Strength Index (RSI) is worthy of note here. At press time, this momentum indicator is in an uptrend at 58.88. Injective Relative Strength Index. The RSI indicator measures an asset’s oversold and overbought market conditions. It ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a correction. On the other hand, values under 30 indicate that the asset is oversold and may witness a rebound. At 58.88, INJ’s RSI indicates that the asset is in a neutral to slightly bullish zone. Price momentum shows more buying than selling pressure but is not yet overbought. Further, readings from INJ’s Moving Average Convergence Divergence (MACD) indicator support this bullish outlook. At press time, the token’s MACD line (blue) rests above its signal line (orange). Injective MACD. When this indicator is set up this way, it indicates bullish momentum. This means that if the trend persists, the Injective token price may continue to rise. INJ Price Prediction: Can Momentum Push the Price Above $30? As buying pressure climbs, INJ’s price could breach the resistance formed at $28.72. If the bulls can sustain this momentum, INJ could rally back above $30 and revisit its multi-month high of $35.26. Injective Price Analysis On the other hand, if the short bets win and the Injective token price reverses its current trend, it could plummet to $24.44.

$SONIC This is a 15-minute candlestick chart of the SONIC/USDT trading pair, with key technical indicators applied: Key Elements: 1. Candlesticks: Each candlestick represents 15 minutes of price activity. Green candles indicate price increases, while red candles show price decreases. $SONIC 2. Price: Current price is 0.786688 USDT, with a decrease of 2.16%. 3. Moving Averages (EMA): EMA(5): 0.787652 (Yellow line) EMA(10): 0.787187 (Red line) EMA(20): 0.786692 (Blue line) These lines smooth out price action and help identify trends. 4. Bollinger Bands (BOLL): Upper Band (UB): 0.793454 Lower Band (LB): 0.779334$SONIC The bands measure volatility. When price approaches the upper or lower band, it may indicate overbought or oversold conditions. 5. Volume: Shown at the bottom of the chart, representing trading activity during each 15-minute interval. Higher bars indicate stronger trading activity. 6. Support and Resistance: A low was observed around 0.777725, suggesting possible support at this level. Interpretation: The$SONIC price is consolidating near the moving averages, indicating indecision in the market. Bollinger Bands show moderate volatility, and the price is near the middle band. Watch for a breakout above 0.789444 (possible resistance) or a breakdown below 0.777725 (support) to determine the next trend.$SONIC

🟢 Comprehensive Analysis of DODO/USDT (Weekly Timeframe) 1️⃣ Introduction to DODO DODO is a decentralized platform (DeFi) designed to facilitate trading and liquidity provision using its unique PMM (Proactive Market Maker) algorithm. Unlike traditional AMMs (such as Uniswap), DODO offers users an optimized liquidity experience and reduced slippage. Given its low market cap, high volatility, and limited liquidity, DODO is categorized as a high-risk asset, suitable for risk-tolerant investors. 2️⃣ Technical Analysis Range Box: Bottom of the Range Box: Gray Zone: 0.0788 − 0.0929 Top of the Range Box: Green Zone: 0.2204 − 0.2673 Key Support: After hitting the top of the range box, the price retraced to the red zone at 0.1401 − 0.1434, which now acts as the most critical support. Possible Scenarios: If the red support holds: The price may climb back to the top of the range (green zone). If the red support breaks: The price is likely to retrace further to the bottom of the range (gray zone). If the top of the range breaks: A breakout above the green zone, accompanied by high trading volume and price stabilization, could push the price toward the blue zone at 0.6391 − 0.7893. This move could present a safe entry for investors. 3️⃣ Suggested Entry Points Red Zone Support: Entry: If the price reacts positively to this zone. Stop Loss: Below the gray zone. Bottom of the Range (Gray Zone): Best Entry Point: Offers the most favorable risk/reward ratio. Stop Loss: Below the gray zone. Breakout Above the Top of the Range (Green Zone): Entry: After price stabilizes above the green zone. Stop Loss: Below the red zone. 4️⃣ RSI and Trading Volume RSI: An upward trendline on RSI lows and the 50-level midline act as support. Breaking these lines could signal a trend reversal. Trading Volume: During resistance breakouts, a significant increase in volume is essential. Without it, the breakout is likely to be a fakeout. 5️⃣ Summary and Recommendations DODO is a high-risk asset that requires careful consideration before entry. Investors should combine technical analysis with proper risk management and control over emotions. Recommendations: Pay close attention to trading volume and confirm breakouts. Define clear entry points and use precise stop-loss orders. 📌 Important Note: This analysis is for educational purposes only. All financial decisions are the responsibility of the users. Always conduct your own research before investing. #Dyor $DODO

$XTER The chart shows a breakout scenario for the XTER/USDT trading pair on the 4-hour timeframe (Bybit exchange). Here's the breakdown: . Downward Trendline: A descending trendline is drawn, connecting the recent lower highs, indicating a bearish trend prior to the breakout. Support Level: A horizontal support line is drawn, providing a base where price repeatedly bounced back.$XTER 3. Breakout: The current price has broken above the descending trendline, which often signals a shift in trend direction target Projection:$XTER The blue arrow measures the expected price increase after the breakout. The target price is approximately 25.84% higher than the breakout level, suggesting a potential move to around $0.476.$XTER volume Spike: The volume bar shows increased trading activity, which supports the strength of the breakout. This setup implies a bullish continuation if the breakout is confirmed, but traders should monitor for retests or false breakouts.$XTER

$SONIC The world of gaming has just gotten a whole lot more exciting! Imagine a collaboration that brings together the iconic blue blur, Sonic the Hedgehog, and the innovative cryptocurrency, $SONIC. This super collaboration is not just a dream; it's a reality that promises to revolutionize the gaming industry. _Background: Sonic X and $SONIC_ For those who may be unfamiliar, Sonic X is a popular Japanese anime series based on the Sonic the Hedgehog franchise. The show follows the adventures of Sonic and his friends as they battle against the evil Dr. Eggman. $SONIC, on the other hand, is a cryptocurrency designed specifically for the gaming community. Its primary goal is to provide a secure, fast, and transparent payment system for gamers, developers, and publishers. _The Super Collaboration_ So, what happens when you combine the excitement of Sonic X with the innovative technology of $SONIC? The result is a super collaboration that promises to take the gaming world by storm. Here are just a few ways this collaboration could play out: 1. _In-Game Payments_: $SONIC could be integrated into Sonic X games, allowing players to purchase in-game items, currency, and other digital assets securely and efficiently. 2. _Exclusive Content_: The collaboration could lead to the creation of exclusive Sonic X content, such as new characters, levels, or storylines, that can only be accessed using $SONIC. 3. _Gaming Tournaments_: $SONIC could be used to host gaming tournaments, with players competing for $SONIC prizes and bragging rights. 1. _Community Engagement_: The collaboration could lead to increased community engagement, with fans able to participate in discussions, polls, and other activities using $SONIC. _Benefits of the Super Collaboration_ This super collaboration offers numerous benefits for all parties involved: 1. _Increased Exposure_: The collaboration exposes $SONIC to a vast and dedicated gaming community, increasing its visibility and adoption. 2. _Improved Gaming Experience_: The integration of $SONIC into Sonic X games enhances the gaming experience, providing players with a secure, fast, and transparent payment system. 3. _New Revenue Streams_: The collaboration opens up new revenue streams for game developers, publishers, and the Sonic X franchise as a whole. 4. _Community Building_: The collaboration fosters community building, encouraging fans to engage with each other and the Sonic X franchise in new and innovative ways. _Conclusion_ In conclusion, the super collaboration between Sonic X and $SONIC is a match made in gaming heaven. This innovative partnership promises to revolutionize the gaming industry, providing a secure, fast, and transparent payment system, exclusive content, and increased community engagement. As the gaming world continues to evolve, collaborations like this will play a crucial role in shaping its future. So, get ready to experience the ultimate gaming adventure with Sonic X and $SONIC!