$INJ
INJ
4.345
-3.35%
INJ/USDT 4H Fib level 0.6 Golden zone
INJ is currently consolidating near the 0.6 Fibonacci retracement zone which is acting as a key demand area. Price is holding around $5.20 with multiple EMAs (9/21/50/200) clustering nearby a sign of compression before expansion
🔍 Technical View
Fib level 0.6 zone holding as support
Price ranging between $4.85 $5.30
EMA cluster potential breakout or breakdown
Structure remains neutral to bullish as long as support holds
📈 Bullish Scenario
If price holds above the 0.6 Fib and reclaims $5.30 we may see a move toward $5.60 $5.90.
📉 Bearish Scenario
Loss of the Fib level 0.6 support could lead to a pullback toward $4.85 demand zone.
⚠️ Wait for confirmation. Trade with proper risk management.