$INJ /USDT Market Update Premium Alpha Post
Coin Name: Injective (INJ)
Price: $5.77
24h Change: +5.48%
Sentiment: Bullish Bias with Caution
Today, INJ has shown a strong upward move, but there was also a solid rejection at 5.87 — this means the market is in a bit of a cool-off mode. However, the overall structure seems uptrend-friendly, as the candles are still sustaining above MA(7).
Support Levels:
5.69 (Immediate)
5.55 (Stronger MA99 support)
Resistance Levels:
5.87 (Fresh 24h High — tough wall)
5.95 – 6.05 (Breakout zone)
Short-Term Target:
$6.10 – $6.0 if the price closes above 5.87
Note: This is not financial advice — just market observation. Always manage your risk.
