INJ volume is stalling as the price tests lower range boundaries.
$INJ sits at $7.218, reflecting a 12.93% drop over 24 hours. While hourly volume remains muted at 0.94x the recent average, the asset is hovering near the $7.043 low established over the last day.
Bullish momentum requires a reclaim of the $8.376 high to indicate trend exhaustion. Conversely, a sustained break below $7.043 suggests further downside pressure.
Does the current low volume indicate a lack of conviction, or are buyers waiting for a clearer trend shift?
Tap $INJ for the live chart. #INJ #BinanceSquare
$INJ sits at $7.218, reflecting a 12.93% drop over 24 hours. While hourly volume remains muted at 0.94x the recent average, the asset is hovering near the $7.043 low established over the last day.
Bullish momentum requires a reclaim of the $8.376 high to indicate trend exhaustion. Conversely, a sustained break below $7.043 suggests further downside pressure.
Does the current low volume indicate a lack of conviction, or are buyers waiting for a clearer trend shift?
Tap $INJ for the live chart. #INJ #BinanceSquare