$INJ
* Current Price: The price is 5.46.
* 24h Change: The price is down -6.02% from the previous day.
* Recent Trend: The price is in a clear downtrend, retreating sharply from a recent high of \approx 6.10. The last few candles are red (bearish).
* Moving Averages (MA):
* The current price (5.46) is trading significantly below all three key Moving Averages:
* MA(7) (yellow line) at 5.59
* MA(25) (pink line) at 5.76
* MA(99) (purple line) at 5.77
* The MA(7) has sharply turned downward and crossed below both the MA(25) and MA(99), which is a strong bearish signal (bearish cross/breakdown).
* Key Levels (24h):
* 24h High: 5.83
* 24h Low: 5.35 (The current price is closer to the 24h low, indicating persistent selling pressure).
* Volume: The initial large red candles of the sell-off were accompanied by high sell volume (large red bars at the bottom), confirming the strength of the move.
In summary: The INJ/USDT pair is under heavy selling pressure, having broken down below all major moving averages, signaling a shift to a bearish short-term outlook.
