$INJ rises 7.19% in 24 hours, but volume is only 31% of the average — is this a real breakout or a liquidity trap?

At $5.742, the price shows notable gains on the 15-minute timeframe with a clear upward trend. However, volume ratio at 0.31 indicates lack of institutional participation and thinner deep liquidity. RSI may be in an overbought area without confirmation from volume that would support continuation.

Positive scenario: a breakout above the average volume with a 15-minute candle closing above $5.80 could pave the way toward $6.00, then $6.20.
Negative scenario: weak volume keeps pressuring the price to test $5.55 – $5.50 as a demand zone before the next direction is determined.

The decisive factor: volume returning above the average while price holds above $5.70.

Do you think the current momentum is sustainable, or is a pullback imminent before the next move?

$INJ

This content is not investment advice—do your own research (DYOR)