$INJ Perp
🔴 Long Liquidation Alert — $INJ
$5.322 with a 7.36% gain. The move is respectable, but we're sitting in the middle of today's range ($4.957 – $5.713). Overheated longs might get squeezed if we lose the $5.32 handle.
Support: $4.957–$5.322
Resistance: $5.322–$5.713
Next Target: $4.957
If $5.322 acts as a springboard, a retest of $5.713 is likely. But a breakdown through $4.957 with solid volume suggests further downside. Reclaiming $5.713 would flip the structure bullish again.
For now, momentum favors caution until the market confirms direction.
