$INJ dropped 8.24% to $7.242 on $19.02M daily volume.
Recent hourly candles show mild contraction with volume dropping to 0.36x the 23-hour average, signaling potential selling exhaustion after touching a $6.925 low.
If buyers defend the lower boundary and reclaim the $7.198 close, stabilization toward the $8.196 high becomes a plausible scenario. However, a break below $6.925 invalidates this setup.
Will a sustained hold above $6.925 confirm a base before testing $8.196, or will volume dry up further and trigger a deeper retest?
Tap $INJ for the live chart. #INJ #BinanceSquare
Recent hourly candles show mild contraction with volume dropping to 0.36x the 23-hour average, signaling potential selling exhaustion after touching a $6.925 low.
If buyers defend the lower boundary and reclaim the $7.198 close, stabilization toward the $8.196 high becomes a plausible scenario. However, a break below $6.925 invalidates this setup.
Will a sustained hold above $6.925 confirm a base before testing $8.196, or will volume dry up further and trigger a deeper retest?
Tap $INJ for the live chart. #INJ #BinanceSquare