🔷 $INJ J — Altcoin rotation drives upside momentum

$INJ surged 12.79% in the past 24 hours, trading near $3.86 and clearly outperforming Bitcoin amid a relatively subdued broader market.

The move appears driven by a rotation into altcoins, as traders seek higher-beta exposure in a short-term risk-on environment. This shift has supported several mid-cap tokens, with $INJ emerging as a clear beneficiary of incoming flows.

Volume confirms participation rather than a thin squeeze, rising ~51% to $151M, suggesting the advance is backed by active demand.

From a technical standpoint, INJ is holding above its daily pivot around $3.76 and short-term moving averages. Momentum indicators remain constructive, with no immediate signs of overbought conditions.

Levels to watch:

• Holding above $3.76 keeps the setup intact and opens the door for a retest of the $4.00 psychological resistance

• A breakdown below $3.76 would weaken the structure and increase the risk of a pullback toward $3.59

Outlook:

Short-term bias remains constructive, but continuation will depend on sustained strength across the broader altcoin market.

Not financial advice.

INJ #Altcoin Season #CryptoM arkets #MarketStructure