$INJ /USDT
INJ/USDT Daily Outlook — Quick Summary
INJ is currently in a daily downtrend, but the recent bullish candle near the bottom of the range suggests a possible short-term bounce. The existing buy level at 5.74 is a counter-trend entry, so risk management is important.
Entry
• Possible entry around 5.74 (already marked on the chart)
• Conservative entry: 5.60–5.74 near support
Targets
• Target 1: 6.00–6.10 (first resistance / near the descending MA)
• Target 2: 6.30–6.40 (previous swing-high resistance)
Stop-Loss
• 5.35–5.45 (below the recent low and key support)
Note
This is a counter-trend long setup on the daily timeframe. The broader trend is still bearish, so the trade carries higher risk and requires strict stop-loss discipline.
