🇵🇹 INJ 🌎🇧🇷🚀: A token in a moment of tension – What can happen in the coming hours?
The recent behavior of INJ has caught the attention of several traders. On the 15-minute chart, there is a continuous decline to the region of 5.69 USDC, after touching the day's lows near 5.51. Despite the selling pressure, interesting signals are beginning to emerge in the price action.
The shorter moving averages are still pointing down, indicating that the momentum remains favorable to sellers. However, the volume is starting to contract, which often precedes stronger movements.
When the market holds its breath for too long, it tends to release energy suddenly — and the tightening of the current range may be exactly that alert.
In the coming hours, traders will be attentive to:
The support zone between 5.65–5.67, which has been tested several times.
A possible technical bounce, if buyers enter this region.
The reaction of the volume, essential to indicate whether we will see a recovery or a continuation of the decline.
INJ is known for its volatility, and moments like this often generate intense movements. The direction will largely depend on the volume: if it increases, the story of the chart can change rapidly.
