NJ/USDT — Major Decision Zone: Massive Reversal or a Breakdown?INJ is currently at a critical moment within its broader market structure. The price has returned to the historical demand zone at 6.1–4.9, an area that previously triggered a large rally. The market’s reaction here will dictate whether INJ is preparing for a major bullish reversal, or entering a continuation of the bearish trend toward lower levels.
The current formation resembles a medium-term Falling Wedge, a pattern typically known for signaling a potential reversal if a breakout occurs. However, selling pressure still dominates, with a persistent sequence of lower highs kept in check by the descending upper trendline.
One of the most interesting elements on this chart is the long wick sweeping below support, indicating liquidity grabbing — many stop losses were triggered before the price was pulled back up. This is often an early sign that the market may be preparing to move in the opposite direction, but only if bullish confirmation follows.
Without a breakout, the structure remains firmly under bearish control.
In short:
➡️ INJ is standing at its biggest decision point for the coming weeks.
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Bullish Scenario — “High-Potential Reversal from the Golden Zone”
Bullish Triggers
A strong bounce from 6.1–4.9 with a solid 4D bullish candle.
A clear breakout above the wedge’s upper trendline.
Increasing buy volume accompanying the breakout.
Bullish divergence appearing on momentum indicators (RSI/MACD).
Bullish Targets (Tiered & Based on the Chart)
1. 9.3 USDT → first resistance and early bullish validation.
2. 15 USDT → medium-term resistance to test trend strength.
3. 32 USDT → major target if a mid-term uptrend forms.
4. 51.5 USDT → long-term major supply for a super-bullish scenario.
Bullish Narrative
If INJ successfully breaks out of this wedge, the structure will strongly resemble a classic reversal pattern, often marking the beginning of a significant impulsive move.
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Bearish Scenario — “Support Break Leads to Trend Continuation”
Bearish Triggers
A 4D candle closing below 4.9, breaking the demand zone.
No strong buying reaction on the retest of the broken support.
Increasing sell volume during the breakdown.
Bearish Targets (Tiered)
1. 3.0 USDT → psychological level & previous structural zone.
2. 1.12 USDT → extreme downside target if the long-term structure collapses.
Bearish Narrative
If the 6.1–4.9 zone fails to hold, the bearish momentum that has been building since early 2024 is likely to continue, and the wedge structure turns into a medium-term bearish channel.
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Pattern Explanation
The chart currently forms a Falling Wedge (traditionally bullish).
But until a breakout occurs, the pattern remains controlled by sellers.
The 6.1–4.9 yellow zone acts as the key demand block — the buyers’ last major line of defense.
The long lower wick indicates a liquidity sweep, often preceding a trend shift.
The descending upper trendline has rejected every attempt at recovery since 2024 — a breakout here is the most crucial signal for a bullish move.
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