$INJ /USDT Fresh Premium Market Breakdown
Coin Name: INJ
Price: 5.37
24h Change: -6.12%
Sentiment: Bearish pressure is high. Market is under the control of sellers, and the price has shown a strong panic wick near 5.30. Buyers are slow but active.
Support Levels:
5.34
5.30
This zone is currently INJ's short-term lifeline. If a bounce occurs from here, the trend could stabilize a bit.
Resistance Levels:
5.41
5.45
5.52
If 5.41 is crossed, buying strength will improve, and 5.52 could become a major hurdle.
Short Term Target:
First Target 5.45
Second Target 5.52
If momentum remains strong, a retest of 5.60 is possible.
Market Tone:
INJ is currently in a correction phase. Moving averages are above the price, confirming a bearish environment. However, buyer reaction near the support zone will be crucial. To flip the trend, the price needs to reclaim 5.45 and 5.52.
