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$INJ at $4.805 — not going to sugarcoat it. 🔍
Every indicator is bearish right now.
MA5, MA20, MA60 all above price.
SuperTrend bearish. SAR selling. Ichimoku cloud crushing from above.
But two levels are keeping me interested:
🟡 $4.545 — support that must hold
🔴 $4.035 — cycle low. The real floor.
If $4.545 holds → bounce to $5.415 possible.
If it breaks → $4.035 gets tested fast.
INJ isn’t leading right now.
It’s waiting for BTC to decide.
Not buying. Not shorting.
Just watching $4.545. 👀
Not financial advice. DYOR.
#INJ #Injective #CryptoTA #GateIO #Altcoins