$INJ Here is a clear and short technical analysis of your INJ/USDT 4H chart:
📊 INJ/USDT – 4H Technical Analysis
1️ Current Price: $5.54
Market is slightly bearish in the current 4H structure.
2️ Trend Direction
MA7 (5.62) is below MA25 (5.56) and below MA99 (5.72) → Bearish short-term trend.
Price is trading below all major MAs → trend pressure is downward.
3️ Key Levels
🔽 Support Levels
$5.49 – 24h low & nearest support
$5.28 – next major support zone
$5.11 – strong support (previous rebound)
🔼 Resistance Levels
$5.71 – first resistance (MA99 area)
$5.93 – secondary resistance
$6.10 – major resistance (last top)
4️ Candlestick Behaviour
Recent candles show lower highs + wicks on top → sellers active near $5.70.
Price is struggling to close above the MA25 and MA99, confirming weakness.
5️ Volume
Volume is low and decreasing, meaning there is no strong buying pressure yet.
A breakout requires high volume above $5.70.
6️ Overall Bias
Short-term outlook: Bearish to neutral
Until price breaks and closes above $5.70–$5.75, upside is limited.
7️ Trader Notes
For longs:
Wait for:
Break above $5.70 with volume → target $5.93 → $6.10
For shorts:
Possible entries if price rejects again from:
$5.70 resistance
Targets: $5.49 → $5.28
👉 just trade hair $INJ
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