$LUNA BUY-01685-0.1695 TARGET-0.1810-0.1830 $LUNA | Ridhi Sharma on Binance Square

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#injective is currently trading around $5.66, showing a mild recovery of +1.25% in the last 24 hours. The 24-hour high is $6.19, and the low is $5.51, with trading activity remaining active. The 24h volume stands at 1.27M INJ, indicating that buyers and sellers are still actively participating..... On the chart, $INJ right now corrected after failing to hold above the $6+ zone. The price has been moving below the short-term moving averages (MA7 and MA25), which shows that momentum has weakened. on the other hand, the MA99 is acting as a long-term support indicator and is positioned around the $5.76 level. Since the price is slightly below this line, INJ is still in a short-term downtrend. Support and Resistance Levels: • Strong Support: $5.51 – This level has been tested recently and held, showing buyers are defending this zone. • Resistance: $5.78 – This is where INJ struggled to move above during the bounce attempts. The RSI is around 37, which means $INJ is in the lower zone but not extremely oversold. This suggests selling pressure is slowing down, and a bounce could happen if buyers step in near support. Volume has dropped compared to the strong selling earlier, which is a sign that the downtrend is losing strength. If volume increases on green candles, INJ may retest the $5.78 and $6.00 resistances soon. #INJ #injective

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