#INJUSDT *INJUSDT Rebounds 3.6% on 4H Chart, Faces Resistance at $5.17*
Injective’s INJUSDT is trading at $5.066 on Bybit, up 3.64% on the 4H timeframe after bouncing off support near $4.85.
The chart shows INJ made a sharp run from $4.18 to a high of $6.00 earlier this month, before entering a consolidation phase between $4.90 and $5.50. The latest pullback tested the lower end of that range, but buyers stepped in and pushed price back above $5.00.
Right now, the immediate resistance sits at $5.17, marked by the gray zone on the chart. A clean break above it could open a move toward the red supply zone between $5.35–$5.43. Above that, $5.725 is the next major level where sellers stepped in during the last peak.
On the downside, $4.85–$4.90 is short-term support, while $4.431 remains the key level to hold for bulls. A drop below that would shift structure back toward the $4.187 range.
Volume has picked up to 820.77K contracts on the bounce, showing renewed interest. For now, INJ is in a hold-or-break zone. A reclaim of $5.17 would keep the bullish structure intact for another test of $5.43 and higher.