I'm looking at $INJ/USDT after a clear short-term push higher. Price is around 5.945, sitting just under the visible 5.947 area, while the MA60 is at 5.909. Momentum looks positive on this snapshot, but price is already close to the immediate high.
For me, the key is whether price can hold above the 5.938 area and challenge 5.947 again. I'd prefer an entry around the current zone rather than chasing a sharp move. The recent rise from roughly 5.918 toward 5.945 supports the bullish idea, with improving green volume visible underneath.
📍 Entry: 5.938–5.945
🎯 TP1: 5.947
🎯 TP2: 6.133
🛑 Invalidation: 5.921
If price loses 5.921, I'd step away from this setup because that would weaken the recent higher move and put the price back toward the lower part of the visible range.
The setup is interesting while price holds above support, but 5.947 is the immediate level to watch. I’d like to see a clean hold above the nearby levels before considering the larger upside target.$INJ
For me, the key is whether price can hold above the 5.938 area and challenge 5.947 again. I'd prefer an entry around the current zone rather than chasing a sharp move. The recent rise from roughly 5.918 toward 5.945 supports the bullish idea, with improving green volume visible underneath.
📍 Entry: 5.938–5.945
🎯 TP1: 5.947
🎯 TP2: 6.133
🛑 Invalidation: 5.921
If price loses 5.921, I'd step away from this setup because that would weaken the recent higher move and put the price back toward the lower part of the visible range.
The setup is interesting while price holds above support, but 5.947 is the immediate level to watch. I’d like to see a clean hold above the nearby levels before considering the larger upside target.$INJ
