$INJ

INJ
INJ
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/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.