INJ plunges 12% to $5.36 amid CLARITY Act failure
- —INJ lost its SMA-7 ($5.94) and SMA-20 ($5.48) in a single session
- —Trading volume was $107.49 million, 24.39% above the 30-day average
- —RSI at 48.4 — momentum weakened but without extreme oversold conditions
- —Key support at $5.33-5.34, SMA-200 at $4.42
Why it matters: The CLARITY Act failure intensified risk-off and long liquidations; for INJ, holding the $4.96-5.03 level is crucial, otherwise a move to $4.42 is possible.
Source: DiarioBitcoin