$INJ
/USDT Market Update
๐ Current Price: $5.49
๐ป 24h Change: -3.35%
๐ 24h Range: $5.79 โ $5.35
๐ฅ 24h Volume (INJ): 703,054
๐ฐ 24h Volume (USDT): 3.88M
Injective is trading sideways with slight bearish pressure as price struggles to break back above the $5.70โ$5.80 resistance zone.
---
๐ Trend Check โ Moving Averages
MA Value Market Signal
MA(7) 5.45 Neutral/Bullish (price above)
MA(25) 5.48 Slight Support
MA(99) 5.77 Bearish (price far below long-term trend)
๐ Price is holding above MA(7) but still below the long-term structure, showing weak bullish recovery.
---
๐ Key Levels to Watch
Resistance Zones
๐ด 5.58
๐ด 5.70
๐ด 5.79 โ 5.87 (strong breakout zone)
๐ด 5.96 (trend reversal level)
Support Zones
๐ข 5.45 (MA support)
๐ข 5.35 (24h low)
๐ข 5.20 (next strong support if breakdown)
---
๐ Market Outlook
INJ is currently in a tight consolidation, but still inside a broader downtrend.
A break above $5.70 can trigger a short-term move toward $5.87 โ $5.96.
Losing $5.35 opens room for a drop toward $5.20.
Volume is moderate, meaning no major trend shift yet.