$INJ continues to trade under heavy bearish sentiment, consolidating below key moving averages and struggling to regain upside momentum.
INJ
5.44
+0.36%
INJUSDT
Perp
5.427
+0.20%
Price is currently hovering around 5.44, sitting just above critical support zones at 5.29 and 5.17. As long as INJ remains below these major averages, the market structure favors a deeper move toward the 4.80 support region.
On the upside, resistance is stacked at 5.53, with a stronger ceiling near 6.02. Only a clean breakout above 5.53 would hint at a potential bullish shift until then, short setups at resistance remain the more favorable play.
Momentum is weak, volatility is compressing… and the next directional move may be sharp. #altcoins $BTC $ETH
