$INJ /USDT just put traders on an emotional rollercoaster.

After dropping hard from the 5.80 high, INJ flushed down to 5.16 where buyers finally stepped in and defended the level with strength. That bounce wasn’t weak panic buying — it showed real demand. Price is now hovering around 5.31, still down about 1.85% on the day, but the structure is starting to stabilize.

The recovery candles tell a story of confidence returning after fear dominated the chart. Short-term momentum is trying to flip bullish, but the market hasn’t won yet. The 5.34–5.48 zone remains a key resistance where sellers previously took control. A clean break above this area could open the door back toward 5.60+, while failure here may send price back to test the 5.20–5.16 demand zone again.

Volume has cooled compared to the selloff, suggesting the market is waiting for its next trigger. This is the phase where patience beats emotion — accumulation vs hesitation is playing out candle by candle.

@Injective #injective

INJ
INJ
5.4
-4.25%