$INJ fell 4.84% to 8.762. Over the past hour, trading volume was 0.0 times the average hourly volume for the day—that’s a little scary. It’s not just low volume; there’s been no trading at all, with buy and sell orders just sitting there untouched. Unlike coins that take a sharp drop but still find buyers, liquidity for INJ has completely dried up this time. The price has swept back and forth through the 8.456–9.278 range today and is now stuck a little below the midpoint. A low-volume halt in a decline and a low-volume gradual slide are two different things. The key is the 8.456 level: if it breaks below that, the decline with no buyers will likely continue; if it holds, then we can see whether volume returns. For now, there’s only one signal, so I’m not taking a position.
#INJ #BinanceSquare #Crypto
#INJ #BinanceSquare #Crypto