$INJ /USDT ā Breakdown, Liquidity Sweep & Base Formation
INJ is trading around 5.39, after a sharp sell-off followed by a slow stabilization phase.
š¹ Market Structure Price formed lower highs, then printed a strong impulsive breakdown, sweeping sell-side liquidity below recent lows. After that move, price shifted into a tight sideways base, suggesting short-term balance.
š¹ Key Levels
Support: 5.20 ā 5.25
Current Range: ~5.35 ā 5.40
Resistance: 5.60 ā 5.80
š¹ Liquidity & Price Action
Long red candle ā stop-loss run below range
Weak bounce ā no aggressive buyers yet
Compression ā energy building for next move
š¹ Possible Scenarios
Bullish case: Holding above 5.25 and reclaiming 5.60 could trigger a recovery toward 5.80+
Bearish case: Loss of 5.20 may open continuation toward lower supports
š§ Final Insight This is a post-liquidation zone, not confirmation of reversal. Direction will be decided by the next expansion.
ā ļø Not financial advice. Manage risk accordingly.
