$INJ $INJ is currently trading around $4.58, up nearly 13% in 24 hours according to the latest chart.
The 15-minute chart shows a strong bullish move, with price pushing from around $4.23 to $4.58 and making higher highs along the way. Bulls are clearly in control in the short term.
However, the RSI(6) is around 91, which indicates the market is heavily overbought on this timeframe. Because of this, a short-term pullback or consolidation could happen before the next major move.
š Key levels to watch:
Resistance: $4.58ā$4.60
Support: $4.52
Stronger support: $4.45
Momentum remains bullish above these levels.
If $INJ breaks and holds above $4.60, the bullish momentum could continue. But if buyers fail to push higher, a healthy correction may give the market room to reset.
Iām watching the $4.60 breakout closely. šš„
#INJ #Injective #Crypto #Binance Square #altcoins
