$INJ is executing a bullish trend breakout on the 4H timeframe, clearing its moving average stack on steady volume.
Price bounced off a 24-hour low of $4.736 to hit $5.352 before consolidating near $5.269 (+7.66%), supported by $8.34M USDT ($1.66M INJ) in trading volume.
The immediate overhead resistance zone to monitor sits at $5.352–$5.412. A clean 4H close above $5.412 extends the impulse toward higher structural expansion targets at $5.710 → $5.798.
The 4H trend structure reflects a bullish dynamic pivot: price has broken cleanly above the short-term 7-period ($4.684) and 25-period ($4.638) moving averages, crossing above the 99-period moving average ($5.027) to confirm a structural shift.
MACD momentum supports this turn, displaying a positive histogram expansion (0.111) following a bullish cross (DIF: 0.023 vs DEA: -0.087).
On retracements, the primary dynamic demand floor sits at $5.026–$4.684, aligning with the 99 MA and 7 MA breakout origin.
As long as buyers defend the $5.026 support zone, short-term momentum favors continuation.
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