There are moments in the market where the candles don’t shout — they whisper. @Injective is in one of those phases right now. You can see how the price keeps returning to the $5.19 zone, almost like it’s testing the floor to see if it still holds. What stands out is the quiet accumulation: small-bodied candles building a base while the bigger moving averages still hover high above like a ceiling it hasn’t touched in a while.

Even though the trend is technically down, the current structure feels more like a cooldown rather than a collapse. Sellers aren’t pressing aggressively anymore, and buyers are slowly starting to step back in every time price dips under the short EMA. If $INJ manages a clean move past the cluster around $5.45-$5.55, momentum can finally shift and give the chart enough breathing room to attempt a broader recovery. For now it’s patience, not panic — the chart is stabilizing in its own quiet way.

#Injective