🚨 $INJ /USDT: The Bears are Biting! 📉

The chart is screaming caution on the INJ/USDT pair!

* Current Price: $5.65

* 24h Range: $5.51 (Low) to $6.19 (High)

* Trading Volume (24h):

* INJ: 1.26 Million

* USDT: 7.36 Million

🔥 The Moving Average Crossover: A Red Flag!

All key short-term Moving Averages (MAs) are now above the current price, signaling strong bearish momentum in the 30m timeframe:

* MA(7): $5.68

* MA(25): $5.77

* MA(99): $5.70

The price is struggling to hold above these crucial lines. Look at the recent candle action – red is dominating! The momentum has shifted dramatically since hitting the 24h high of $6.19. Will support hold, or is a deeper drop coming?

$INJ

INJ

5.59

-0.88%