$INJ/USDT — 3.394, knocking on resistance with a breakout setup forming (30M TF)
On the 30 minute, INJ's structure is clean and easy to read. Price swept the lows after that liquidity spike, built a base, and has been grinding back up toward the upper blue line ever since. Now it's right at the door.
🔍 Levels to watch
3.163 is the range floor, held multiple times on the 30M and buyers keep showing up there. 3.441 is the resistance that's been capping price every time it gets tested. Current price at 3.394 is pressing right up against it.
📈 The bull case
The projected move shows a small pullback from 3.441, consolidation, then a sharp break higher. On the 30M that kind of setup can move fast, a clean break and retest of 3.441 as support would be the entry bulls are waiting for.
📉 If it gets rejected again
Another rejection here sends price back toward 3.163 pretty quickly on the 30M. That level needs to hold or the whole range structure weakens.
30M is telling the same story as the higher timeframe
$INJ is coiled at resistance and a decision is coming soon. The difference on the 30M is the move could happen within hours. Price is right at the line. Watch the next few candles closely.
