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$INJ Consolidating Near $5.20 – Watch Key Levels 📉
Injective ($INJ) trading around $4.90–$5.10 after recent chop.
Technical Snapshot:
Support: $4.70–$4.80
Resistance: $5.20–$5.40
Momentum neutral; holding above recent lows but struggling for upside break.
The Setup:
Range-bound action with DeFi narrative intact. Break above $5.40 could target $6+; loss of $4.70 risks deeper pullback.
Short-term consolidation play.
#INJ #Injective #Crypto