The post INJ Technical Analysis Apr 4 appeared on BitcoinEthereumNews.com.

INJ shows neutral momentum at RSI 41.32 level while MACD’s negative histogram confirms downward pressure; trading below short-term EMAs strengthens the bearish trend and volume confirmation remains weak. Trend Status and Momentum Analysis INJ is stabilizing at its current price of 2.81 dollars with a 24-hour change of -0.46%, showing a slightly downward trend. The daily range is narrowing in the 2.78-2.85 band, indicating low volatility, and volume is at 11.76 million dollars, below average levels. In terms of momentum, the overall trend is downward; the price is trading below EMA20 (2.92 dollars) and the Supertrend indicator is giving a bearish signal, with resistance level prominent at 3.25 dollars. This situation points to weak trend strength in the confluence of momentum oscillators. Although RSI 41.32 is approaching the oversold region, it is not yet producing a bottom signal, and the MACD histogram is expanding in the negative area, reinforcing selling pressure. In multi-timeframe (MTF) analysis, 8 strong levels were detected in 1D, 3D, and 1W timeframes: 2 supports/2 resistances in 1D, 1 support/2 resistances in 3D, 1 support/2 resistances in 1W, presenting a balanced picture. However, momentum weakness increases the potential for the price to test the main support at 2.65 dollars. RSI Indicator: Buy or Sell? RSI Divergence Analysis RSI (14) is currently positioned at 41.32, indicating consolidation under mild selling pressure in the neutral zone. No regular bearish divergence has been observed recently; while the price makes new lows, RSI is not forming higher lows, showing that momentum has not exhausted. In the search for hidden bullish divergence, there is a weak signal on the 1D timeframe: As the price pulled back to 2.78 dollars, RSI recovered from 38 to 41, but this is insufficient for a strong buy signal. On the 3D chart, RSI has declined from…

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Filed under: News - @ April 4, 2026 12:21 pm