$INJ USDT – 4H Quick Update
INJ is trading around $5.50, showing weak momentum on the 4-hour chart.
Price is still in a downtrent it’s below the 200 EMA.
The small EMAs are bunching up, which means no strong move right now.
RSI near 47 shows neither buyers nor sellers are in control — it’s just ranging.
Possible Entry
Entry zone: $5.45
Entry zone: $5.55 (current range consolidation)
Take Profit (TP)
TP1: $5.75
TP2: $5.95
(These levels are near recent resistance zones)
Stop-Loss (SL)
SL: $5.25 (below the recent low of $5.02 but still safe enough)
Summary
INJ is moving sideways in a weak downtrend. A breakout above $5.75 could shift momentum upward. Dropping below $5.25 would likely send it lower.
@Injective #injective #Injective $INJ
INJUSDT
Perp
5.37
+1.89%
