$INJ Update Fresh Momentum Alert
The price of INJ is currently trading at 5.71 and shows a 24h change of -5.62%, indicating some weakness in the market, but the buyers' reaction is clearly visible on the chart. The sentiment is mixed, but the 54% buy pressure in the order book shows that demand is still strong.
The market bounced back after touching a low of 5.56 yesterday, confirming solid short-term support. If INJ holds this support, an upward move can easily be regained. The current candles highlight the strength of buyers, especially after rejection from the 5.76 zone.
The support zone is now strong between 5.56 – 5.60, and resistance is between 5.76 – 5.90. If this zone breaks, the short-term target of 6.06 could be reactivated. Volume is also stable, indicating a healthy reversal.
The price structure looks clean and the trend is preparing to shift upwards. The upcoming hours will be important for INJ, as if buyers push a little more, the market sentiment could shift rapidly.
