📊 $INJ /USDT Technical Overview
Current Price: 3.359 USDT
24H High: 3.942
24H Low: 2.957
24H Volume: 4.79M INJ | 15.95M USDT
Market Structure: Short-term recovery after a sharp pullback
INJ refers to , a Layer-1 protocol focused on DeFi and derivatives infrastructure.
🔎 Market Structure Breakdown
🟢 Short-Term (15m – 1H)
Price bounced from 2.95–3.00 demand zone
Currently trading near mid-range resistance
Momentum turning positive, but facing supply near 3.50–3.60
🟡 4H Structure
Lower highs still intact from the 3.94 top
Recovery phase underway
Needs a clean break above 3.65–3.75 to confirm trend shift
🔵 Daily Outlook
Broader structure still corrective
Strong support: 2.80–3.00
Major resistance: 4.00–4.20
📌 Key Levels to Watch
TypeLevelImmediate Resistance3.50 – 3.60Breakout Confirmation3.75Major Resistance4.00 – 4.20Strong Support2.80 – 3.00Breakdown Risk Below2.65
📈 Scenario Planning
🚀 Bullish Case
Hold above 3.20
Break 3.60 with strong volume
Target 3.90 → 4.20 zone
⚠️ Bearish Case
Rejection at 3.50–3.60
Lose 3.20 support
Retest 2.95 → possibly 2.65
🧠 Trading Insight
Volume is decent but not explosive. This looks like a relief bounce inside a broader correction unless buyers reclaim 3.75+ decisively.
If you're trading short-term scalps, volatility is present.
If you're swing trading, confirmation above 3.75 is safer.
If you'd like, I can also:
Add RSI/MACD interpretation
Create a clear entry/stop/TP setup
Compare INJ with BTC or ETH trend alignment