$INJ experienced a notable long liquidation event, triggering forced selling pressure as leveraged bullish positions were flushed from the market.

The liquidation-driven decline has increased volatility and pushed price into a key demand zone where buyers will need to defend support to maintain the broader structure.

EP

5.45 - 5.58

TP

TP1 5.75

TP2 6.00

TP3 6.35

SL

5.25

Liquidity was swept below recent support levels, removing excess leverage and creating a healthier market environment.

The selloff appears primarily driven by liquidation activity rather than a confirmed bearish trend reversal, making the current support region critical to monitor.

As long as buyers continue defending the demand zone and begin forming higher lows, the potential for a recovery toward higher resistance levels remains favorable.

A successful reclaim of 5.75 could attract fresh momentum and open the path toward the next liquidity targets.

The leverage reset has cleared weak hands from the market, and traders will be closely watching whether $INJ can rebuild strength from current levels.

Let’s go $INJ

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