$INJ
INJ/USDT Spot Signal (1H Chart)
Entry Zone
5.74 – 5.78
Targets
TP1: 5.85
TP2: 5.95
TP3: 6.10 (only if momentum continues)
Stop-Loss
SL: 6.10
This level sits below the current support; if price breaks below with momentum, downside continuation is more likely.
Technical Analysis
EMA Structure
EMA 5 (5.81)
EMA 12 (5.86)
EMA 53 (5.86)
EMA 200 (5.81)
Price is below all major EMAs, confirming a short-term downtrend.
EMA5 EMA12 EMA53 = bearish alignment.
EMA200 overhead shows macro resistance around 5.80–5.85.
RSI
RSI(6): 26 oversold Zone
Price below EMAs = downtrend but potential short-term relief bounce
Volume decreasing, selling may be weakening
Dyor, it's not Financial advice
