$INJ is currently consolidating after a sharp rally toward the $6.11 local top, with price now stabilizing around the $4.98 zone. 📊

Despite the cooldown, the overall structure still looks constructive as long as buyers continue defending key support levels.

Bulls appear to be absorbing sell pressure rather than fully exiting the trend. 👀

🔹 Current Price Structure:

• Key Support Zone: $4.90–$4.95
• Immediate Resistance: $5.20 → $5.35
• Major Breakout Level: $5.50+
• Local High Rejection: $6.11

The recent pullback looks more like a healthy consolidation phase after an aggressive impulsive move rather than a complete trend reversal.

Volume remains relatively active, suggesting market participants are still positioning for continuation if momentum returns. 📈

A strong reclaim above the $5.20–$5.35 resistance region could shift momentum back toward the bulls and trigger another expansion move.

🎯 Bullish Targets:

• $5.50
• $5.85
• $6.10+

As long as BTC remains stable and market sentiment stays supportive, $INJ still has strong upside potential in the short-to-mid term.

Watch closely for breakout volume confirmation that’s where momentum traders usually step back in aggressively.

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