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$CVX
is showing bullish moment at +3.40
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$INJ Technical Analysis: Bearish Momentum Continues The provided 15-minute chart for INJ/USDT shows a clear downtrend following a peak at $6.11. The price is currently trading at $5.42, marking a significant decline from the 24-hour high of $6.11, with a current loss of 4.91% in the local currency. The price briefly tested a recent low of $5.30. Moving Averages (MA): The short-term MA(7) at $5.41 is slightly below the current price, while the MA(25) at $5.43 and the long-term MA(99) at $5.63 are both above the current price, confirming the prevailing bearish structure. The shorter MAs crossing below the longer MAs is a classic bearish signal. Volume: Volume metrics show high trading activity, especially during the drop (Vol: 6,639.18 to 14,691.53), suggesting strong selling pressure. Outlook: Bulls are attempting a slight recovery near the $5.30 low, but they face immediate resistance from the MAs ($5.43 - $5.63). The dominant trend remains bearish unless the price can decisively break and hold above the MA(99) at $5.63. Traders should watch the $5.30 support level closely.$INJ #Injective @Injective
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