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$INJ is trading around 5.31 after repeated rejections from the MA7 and MA25 on the 4H chart. The trend remains bearish, with sellers keeping strong control and price still forming lower highs and lower lows.
The key support sits at 5.19 — the level that previously triggered a bounce. If buyers defend this zone again, a short-term move toward resistance levels is possible. But losing 5.19 would expose deeper downside.
Entry Zone: 5.25 – 5.35
TP1: 5.53
TP2: 5.97
TP3: 6.41
SL: 5.09
Trend still weak, so wait for confirmation before taking any position.
#INJ #Injective #Gateio #TradeSetup #CryptoAnalysis