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$INJ /USDT – 1M Chart

INJ
INJ
4.711
-1.73%

Momentum:〽️

RSI ~26 → deeply oversold (relief bounce possible, but trend still weak)

MACD negative & expanding → bearish momentum continues

Stoch RSI ~0 → short-term bounce possible, not a reversal signal yet

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Key Levels

Support:👍

4.50 – 4.30 (immediate)

3.80 – 4.00 (major demand)

3.20 (last monthly support)

Resistance:

5.60 – 6.00

7.80 – 8.20 (EMA zone, strong sell area)

10.00+ (trend change only above this)

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Trade Scenarios

🔴 Bearish Continuation (High Probability)

Sell / Short on pullback: 5.50 – 6.00

Stop-loss: 7.00

Targets:

TP1: 4.50

TP2: 4.00

TP3: 3.20

🟢 Speculative Long (Counter-trend, risky)

Buy zone: 4.00 – 4.30 only

Stop-loss: 3.70 (strict)

Targets:

TP1: 5.60

TP2: 6.80