Markets· ★★· bearish·

INJ falls 5.58% to $7.16 on above-average volume

  • —INJ trades 4.70% below its intraday VWAP
  • —RSI at 41.9 and bearish MACD signal weak momentum
  • —INJ market cap is around $716.35 million
  • —No direct link between INJ's drop and the Binance incident has been established
Why it matters: INJ's slide reflects broad risk-off sentiment after the Binance incident; the $7.49–7.59 zone is the key level for any recovery.
Source: DiarioBitcoin