INJ drops 12.16% to $6.62, tests key support levels
- —INJ trades at $6.62 after a 12.16% daily drop
- —Intraday low of $6.58; price sits below 7-, 15- and 30-day SMAs
- —Daily volume of $116.56M, 6.33% below the 30-day average
- —INJ market cap stands at about $661.97M
Why it matters: A break below short-term averages on subdued volume raises the risk of further downside, though an extreme stochastic reading of 2.1% leaves room for a technical bounce.
Source: DiarioBitcoin