⚠️ $INJ Longs Take a Hit — Volatility Is Heating Up
🔴 #INJ Long Liquidation: $2.2822K at $5.44547
A wave of long liquidation around $5.44547 shows that leveraged buyers are getting squeezed. This can create short-term selling pressure, but it can also set the stage for a sharp rebound if buyers defend the lower range.
📍 Support: $5.40–$5.45
🧱 Resistance: $5.60–$5.75
🎯 Next Target: $5.75 → $6.00 → $6.25
If $INJ reclaims $5.60 with strong volume, momentum could quickly shift back toward the upside. A clean break above $6.00 would strengthen the bullish recovery setup.
💡 Pro Tip: Don’t chase after a liquidation spike. Wait for support confirmation, volume expansion, and a reclaim of resistance before taking a leveraged position. If $5.40 fails decisively, the bullish setup weakens and deeper downside becomes possible.
Trade the reaction, not the emotion.
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