$INJ just went through a real stress test.
Price is sitting near 5.27, down 2.59% on the day after a sharp rejection from 5.80. Sellers stepped in hard, dragging price below the short and mid-term averages. MA(7) at 5.24, MA(25) at 5.49, and MA(99) at 5.56 all overhead, showing clear short-term bearish pressure.
The drop accelerated into a clean liquidity sweep near 5.16, where buyers finally showed up. That bounce wasn’t emotional, it was technical. Volume stabilized, selling momentum slowed, and price is now trying to build a base just above intraday support.
This is the battlefield now:
Support: 5.16 → lose it and panic can expand fast
Immediate resistance: 5.40–5.50 zone where sellers last defended
Key flip level: 5.56 reclaim needed to shift momentum
INJUSDT
Perp
5.325
-3.91%
