Markets· ★★★· bearish·

INJ falls 10.2% after CLARITY Act fails and $637M in liquidations

  • INJ fell 10.2% in 24 hours after gaining 6.45% earlier in the week
  • Market liquidations over 24 hours totaled $637 million, 82% of them longs
  • Holding above $5.26 keeps the bullish scenario intact, while a break of $4.65 would invalidate it
Why it matters: INJ is losing momentum along with the broader market; holding the $5.26 zone will determine whether the rebound continues or a deeper correction begins.
Source: Cryptonews.net