Can a 9.61% drop to $7.871 find a floor before deeper downside?
$INJ volume hit 1.77x its 23-hour average as hourly closes slipped 2.40% to 7.889.
If hourly closes stabilize, a push back above the prior range low of 8.018 could signal buyer absorption. Conversely, failure to hold current levels risks continuation toward the broader 8.785 high rejection zone.
Does reclaiming 8.018 confirm bullish exhaustion of the pullback, or does dropping below 7.871 invalidate stabilization entirely?
Tap $INJ for the live chart. #INJ #BinanceSquare
$INJ volume hit 1.77x its 23-hour average as hourly closes slipped 2.40% to 7.889.
If hourly closes stabilize, a push back above the prior range low of 8.018 could signal buyer absorption. Conversely, failure to hold current levels risks continuation toward the broader 8.785 high rejection zone.
Does reclaiming 8.018 confirm bullish exhaustion of the pullback, or does dropping below 7.871 invalidate stabilization entirely?
Tap $INJ for the live chart. #INJ #BinanceSquare