📉 $INJ

/USDT Analysis – Pullback Underway

Current Price: $10.56

24h Change: -2.31%

Sentiment: Cautiously Bearish / Potential Support Zone

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📊 Market Snapshot

Metric Value

24h High $11.06

24h Low $10.39

Current Price $10.56

24h Volume (INJ) 629,137.51

24h Volume (USDT) $6.75M

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🔍 Key Price Levels (Order Book)

Price Level Type Notes

$11.79 Major Resistance Previous top, strong rejection zone

$11.06 24h High Short-term resistance

$10.91 Near-term Supply Lower high setup

$10.56 Current Price Testing support zone

$10.39 24h Low Key support (watch closely)

$10.32 Breakdown Risk Below here = bearish continuation

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⚙️ Technical Overview

Trend: Short-term downtrend

Structure: Lower highs forming

Momentum: Slowing, moderate sell pressure

Volatility: Mild – contained range today (6.4%)

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📈 Trading Plan Ideas

Strategy Entry Range Targets Stop-Loss

Bounce Buy $10.35 – $10.50 $10.90 / $11.05 Below $10.30

Breakout Buy Above $11.10 $11.40 / $11.80 Below $10.85

Scalp Short $10.90 – $11.00 $10.60 / $10.40 Above $11.15

Trend Continuation Sell Below $10.30 $9.90 / $9.50 Above $10.50

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🧠 Summary

INJ/USDT is showing signs of short-term weakness, trading near its 24h low after a rejection from the $11+ zone. Support at $10.35–$10.40 is key — a bounce here could lead to a small reversal, but a break below might trigger further downside toward $9.90.

If you’re bullish mid-term, watch for a clear reclaim above $11.00 to regain momentum.

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