$INJ

/USDT Market Update
📌 Current Price: $5.49
🔻 24h Change: -3.35%
📊 24h Range: $5.79 – $5.35
🔥 24h Volume (INJ): 703,054
💰 24h Volume (USDT): 3.88M
Injective is trading sideways with slight bearish pressure as price struggles to break back above the $5.70–$5.80 resistance zone.
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📊 Trend Check – Moving Averages
MA Value Market Signal
MA(7) 5.45 Neutral/Bullish (price above)
MA(25) 5.48 Slight Support
MA(99) 5.77 Bearish (price far below long-term trend)
👉 Price is holding above MA(7) but still below the long-term structure, showing weak bullish recovery.
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🔑 Key Levels to Watch
Resistance Zones
🔴 5.58
🔴 5.70
🔴 5.79 – 5.87 (strong breakout zone)
🔴 5.96 (trend reversal level)
Support Zones
🟢 5.45 (MA support)
🟢 5.35 (24h low)
🟢 5.20 (next strong support if breakdown)
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📈 Market Outlook
INJ is currently in a tight consolidation, but still inside a broader downtrend.
A break above $5.70 can trigger a short-term move toward $5.87 → $5.96.
Losing $5.35 opens room for a drop toward $5.20.
Volume is moderate, meaning no major trend shift yet.