$INJ bounced cleanly from the $5.19 low and pushed into the $5.90 zone, but the latest candles show momentum cooling near the 7-MA.
Price is still below the 99-MA, meaning the broader trend remains corrective. Holding above $5.60 keeps the short-term recovery intact, while a reclaim of $5.90–$6.00 would signal strength.
A breakdown under $5.56 risks revisiting the lower support area.
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$INJ bounced cleanly from the $5.19 low and pushed into the $5.90 zone, but the latest candles show momentum cooling near the 7-MA.
Price is still below the 99-MA, meaning the broader trend remains corrective. Holding above $5.60 keeps the short-term recovery intact, while a reclaim of $5.90–$6.00 would signal strength.
A breakdown under $5.56 risks revisiting the lower support area.
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