The post INJ Technical Analysis Jan 28 appeared on BitcoinEthereumNews.com. INJ’s current price is at the $4.45 level, positioned just above the critical supportThe post INJ Technical Analysis Jan 28 appeared on BitcoinEthereumNews.com. INJ’s current price is at the $4.45 level, positioned just above the critical support

INJ Technical Analysis Jan 28

4 min read

INJ’s current price is at the $4.45 level, positioned just above the critical support $4.4303 in the short-term downtrend. Nearby resistance $4.5179 is ready to be tested, a breakout could trigger liquidity hunting.

Current Price Position and Critical Levels

INJ is showing horizontal consolidation within the overall downtrend at $4.45. 24-hour change is limited to +%0.09, range narrowing between $4.34-$4.51, and volume low at $27.79M. RSI at 40.68 in neutral-bearish zone, price below EMA20 ($4.75), and Supertrend giving bearish signal ($5.38 resistance). Across multiple timeframes (1D/3D/1W), 11 strong levels identified: 2 supports/4 resistances on 1D, 1S/1R on 3D, 2S/3R confluence on 1W. This structure increases the potential for an upward fakeout before testing the $4.4303 support block. Historically, the current level overlaps with Q4 2025 order blocks, volume increase expected.

Support Levels: Buyer Blocks

Primary Support

$4.1546 (Strength Score: 74/100) – This level stands out as INJ’s most critical buyer zone. Why? Strong confluence on 1D and 1W timeframes: Sharp rejection in October 2025, order block formed with high-volume candle closes. Tested 3 times as demand zone on 3D chart, each time delivering +%5+ bounce. Overlaps with POC (Point of Control) in volume profile, liquidity pool concentrated here. If price retraces here, big players’ (whales) buy orders may activate; strengthened by confluence with EMA50 ($4.12). Invalidation: Break below $4.10 accelerates downtrend and activates $2.7918 downside target (R/R 1:3 potential).

Secondary Support and Stop Levels

$4.4303 (Strength Score: 67/100) – Just below current price ($4.45), short-term secondary support. This zone covering the last 24-hour low ($4.34) aligns with equal lows of the recent downwave on 1D. Volume spikes observed here in October 2025, fair value gap (FVG) filled. Ideal for stop hunting: Short position stops above $4.43, long stops accumulating below. If broken, momentum carries to $4.1546, but if holds, retest of $4.5179 resistance possible. Invalidation level $4.39; swing low here, bearish continuation expected below.

Resistance Levels: Seller Blocks

Near-Term Resistances

$4.5179 (Strength Score: 67/100) – Closest seller zone, liquidity trap surrounding current high ($4.51). Rejected 4 times on 1D (pinbar candles), showing volume divergence – buyers weakening. Confluence with EMA20 ($4.75) approach, Supertrend blocking path to $5.38. Volume x2 increase required for breakout; high fakeout probability, downward stop hunt possible. Target: Extension to $4.7395 if broken.

Main Resistance and Targets

$4.7395 (63/100) and $7.2685 (65/100) – Main resistance package. $4.7395 is supply zone on 3D timeframe, rejected in November 2025 rally, turned into breaker block. Overlaps with Fibonacci 0.618 retracement on 1W, high-volume sells triggered here. $7.2685 is major target/reaction level: 2025 Q3 peak, filled with orderflow imbalance. Expect liquidity sweep between upside target $6.0815 (30 score); full breakout bull run signal (BTC confirmed). Invalidation: Above $8.00, trend change.

Liquidity Map and Big Players

Big players (smart money) may be positioning to hunt liquidity above $4.5179 (short stops). Below, long liquidity pool between $4.4303-$4.1546 – price could raid here and hunt bounces. High timeframe order blocks concentrated at $4.15 and $7.26, whale accumulation visible at $4.20s per CEX flow data. Fake breakouts increase with low volume; real momentum requires $50M+ at $27.79M volume. Liquidity map shows bearish bias, but hold at $4.15 forms reversal setup.

Bitcoin Correlation

BTC in downtrend at $89,150, Supertrend bearish with supports $88,399-$84,681. INJ 0.85% correlated with BTC; if BTC fails $89,370 resistance, INJ rejected at $4.5179. If BTC downside to $86k, INJ $4.15 test accelerates – general altcoin pressure increases. Dominance rising, BTC $91k+ breakout required for INJ. Watch: If BTC holds $88,399, INJ short-covering could trigger. Details in INJ Spot Analysis and INJ Futures Analysis.

Trading Plan and Level-Based Strategy

Level-based outlook: Hold above $4.4303 for long bias – $4.5179 breakout targets $4.7395 (R/R 1:2). Downside break: Short to $4.1546, invalidation above $4.51. Wait for high timeframe confluence, long above RSI 50, short 30-. Risk: 1-2%/stop-loss, position size per MTF. No news, pure price action. This outlook for educational purposes, not investment advice – integrate spot or futures analyses.

This analysis uses Chief Analyst Devrim Cacal’s market views and methodology.

Trading Analyst: Emily Watson

Short-term trading strategies expert

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/inj-support-and-resistance-levels-critical-points-for-january-28-2026

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