$INJ ⚡️🔥 THE PULLBACK IS HERE — NOW WATCH THE REACTION!

INJ just delivered a powerful intraday move, ripping from $5.650 to a $6.010 high before sellers stepped in and dragged price back toward $5.831.

Current: $5.831
24H: +11.07%
24H High: $6.010
24H Low: $5.195
24H INJ Volume: 3.06M
24H USDT Volume: $16.98M

And the momentum isn't coming out of nowhere. Current market coverage shows INJ has been attracting renewed attention around its DeFi/RWA infrastructure, while its recent SEC-registered transfer-agent development adds another institutional angle to the story. 

But short term, the chart is giving us a warning. 👀

After touching $6.010, sellers rejected the move and price has started forming lower highs on the 5M chart. The order book is also slightly seller-heavy:

54.03% Sell
45.97% Buy

So this is where the battle gets interesting.

BULLISH SCENARIO:
If buyers defend $5.79–$5.83 and reclaim $5.870, INJ could push back toward $5.949 → $6.010.

A clean breakout above $6.010 would be the next major momentum signal.

BEARISH SCENARIO:
If $5.79 fails, the pullback can deepen toward $5.711, followed by the major intraday base around $5.650.

Lose $5.650 and the entire breakout structure starts looking much weaker, with $5.195 remaining the major 24H downside reference.
KEY LEVELS:

$6.010 — breakout trigger
$5.949 — immediate resistance
$5.870 — reclaim level
$5.831 — current price
$5.790 — short-term support
$5.711 — next support
$5.650 — major breakout base
$5.195 — 24H low

The bigger picture is still interesting: live market data shows INJ continuing to trade with elevated volume and strong recent momentum.

But personally, I would not chase the $6 move after the rejection.

I want to see whether buyers can turn $5.79–$5.87 back into support. If they do, $6.00+ can come back into play very quickly. If they don't, patience matters more than FOMO.

$6.010 is the ceiling. $5.650 is the line bulls don't want to lose.

Let the market confirm the next move.

DYOR. Manage position size. Protect your capital.