$INJ Quick Market Pulse — Buyers vs Sellers Ka Tough Battle
INJ is currently trading at 5.69 and the 24h change of -5.79% highlights the market's short-term weakness. However, the bounce on the chart that came from 5.56 is still a strong sign that buyers are not completely giving up. Sentiment is mixed, with almost 54% buy pressure being shown in the order book which is preventing the price from falling further.
The market's fresh support has been confirmed at 5.56 – 5.60. This is the zone where INJ had a solid reversal last time. If buyers continue to protect this zone, the price could push up again. Resistance is strong between 5.76 – 5.90, which will need to be broken for the trend to return to the bullish zone.
If the price recovers from short-term pressure, the upcoming realistic target could be 6.06. Momentum is slow, but the structure still looks healthy as long as 5.56 holds.
