$INJ /USDT – Short-Term Trade Setup (30m)
INJ is trading around $5.32, rebounding strongly from the recent swing low and reclaiming short-term structure.
Current Range
Range Low: $5.09–5.15
Range High: $5.38–5.40
Price is now trading in the upper half of the range, signaling momentum recovery.
Key Levels
Support: $5.20–5.18 (prior resistance turned support), then $5.09
Resistance: $5.38–5.40 (range high), breakout opens $5.55+
Market Signals
MA(7) > MA(25) > MA(99) → bullish short-term alignment.
Strong impulsive move off $5.09 with follow-through candles → buyers in control.
Price acceptance above the moving averages confirms trend continuation, not just a bounce.
Volume expansion on the push higher supports the move.
Trade Scenarios
Long Continuation:
Look for pullbacks holding above $5.20–5.25.
Targets: $5.38 → $5.55
Invalidation: Close below $5.15.
Rejection Risk:
Failure to break $5.40 with weak volume may rotate price back to $5.22 support.
Bias Bullish while above $5.20. Momentum favors continuation unless structure breaks.
Clean reclaim, strong follow-through — let the pullback confirm the entry.
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