INJ/USDT: Oversold or just getting started?
$INJ is trading near $8.38, down over 70% from ATH.
But don’t count it out just yet — price is sitting on a strong historical support.
Key levels:
Support: $8.00 — holding since March lows
Resistance: $9.20 — break above could spark a short-term rally
Why watch it?
INJ remains a top DeFi Layer-1 with real adoption
Strong community & solid tokenomics
Funding rates neutral, indicating possible accumulation
Trading idea:
Entry: $8.10–8.40
SL: $7.70
TP: $9.20 / $10.50
Don’t ignore the quiet zones — smart money hunts there.
