📉 $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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