$INJ /USDT Technical Analysis

Current Price: $5.228 ▲ +0.48%

24H Range: $5.093 – $5.400

24H Volume: 692,216.26 INJ (~$3.61M USDT)

Trend: Short-term consolidation near $5.20 support, minor bullish momentum observed.

Key Levels:

Support: $5.093 – strong short-term buying zone

Resistance: $5.400 – immediate target for bullish breakout

Psychological Level: $5.500 – mid-term barrier

Chart Observation:

Price is bouncing from the $5.10 support.

Small bullish candlesticks indicate accumulation.

Volume is moderate, suggesting no strong impulse yet.

Short-Term Outlook (15m–1h):

Likely to test $5.30 – $5.40 resistance if buying pressure continues.

Breaking $5.40 with volume could open a move toward $5.50 – $5.60.