Currently, $INJ is positioned in a ranging market structure, with a price at 11.57 USDT nestled between key support at 11.18 USDT and resistance at 12.49 USDT. The RSI of 47.04 indicates a neutral momentum. A suitable trading strategy could involve a range-bound play, capitalizing on price oscillations. However, traders should remain cautious of macroeconomic factors and Bitcoin's volatility, which can significantly sway altcoin performance.

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