🔥 $INJ / In short
The overall trend is strongly bullish, and the price is above the moving averages on the larger timeframes, supported by inflow and volume that back the move.
However, the price reached $8.01 and some rejection has started to appear, and the RSI on the 4-hour timeframe is high—so a pullback is possible.
🎯 What’s important now:
Holding above $8.01 steadily: the uptrend becomes stronger.
$7.70–$7.75: nearby support.
A break below $7.62: risk of a deeper correction.
Summary: INJ is strong, but the current zone is very sensitive, and it’s not worth chasing the price without confirmation. ⚠️
The overall trend is strongly bullish, and the price is above the moving averages on the larger timeframes, supported by inflow and volume that back the move.
However, the price reached $8.01 and some rejection has started to appear, and the RSI on the 4-hour timeframe is high—so a pullback is possible.
🎯 What’s important now:
Holding above $8.01 steadily: the uptrend becomes stronger.
$7.70–$7.75: nearby support.
A break below $7.62: risk of a deeper correction.
Summary: INJ is strong, but the current zone is very sensitive, and it’s not worth chasing the price without confirmation. ⚠️
