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/USDT — Pressure Still Building
That $54.45K INJ liquidation around $4.91 signals leverage exhaustion more than full capitulation. INJ has been under pressure for weeks, but these liquidation events sometimes mark temporary seller fatigue before relief rallies appear. The key support now sits near $4.80. If bulls defend that level, INJ could attempt recovery toward $5.20 and later $5.45 if momentum returns across altcoins. But if $4.80 breaks, the chart opens room toward $4.50 surprisingly fast because liquidity below current price still looks thin. Resistance stays near $5.10–$5.20 where traders may continue shorting rebounds. Stoploss below $4.75 keeps risk tighter in this kind of unstable environment. Next move likely depends on whether altcoin sentiment improves or if Bitcoin weakness keeps draining liquidity from mid-cap tokens like INJ. 🎯