Injective Price(INJ)

【Market Structure】 INJ_USDT is currently trading at 3.924 on the 4-hour chart, positioned below the central pivot of 3.985 and confined within a narrow range between the S2 support level at 3.948 and the S1 resistance level at 3.9669. The price is operating in the lower half of the pivot structure, just 61 basis points away from the central pivot. The key dividing line between bullish and bearish sentiment is clearly anchored around the 3.985 mark. 【Momentum Status】 Both the MA group and the EMA group are displaying a consistent configuration of 7 buy signals, 0 neutral signals, and 0 sell signals, indicating that the short-term moving average system is trending in a unified direction. The MACD has formed a death cross, while divergence has emerged between the MACD signal and the moving average signals, resulting in a layered pattern in the momentum indicators. The RSI remains within the neutral range, with no clear concentration in the distribution of momentum. 【Key Price Levels】 On the upside, resistance is concentrated at the S1 level of 3.9669 (43 basis points above the current price) and the central pivot of 3.985 (61 basis points above the current price), both serving as near-term breakout targets to watch. On the downside, the S2 support level at 3.948 lies 24 basis points below the current price, acting as a short-term defensive line. The R1 resistance at 4.004 and the R2 resistance at 4.022 are located 80 and 98 basis points above the current price, respectively, and should be regarded as long-term reference levels.

This content is generated by AI based on historical and current market data. It is for informational purposes only and does not constitute any investment advice.