Market Overview for Injective/Tether (INJUSDT) – 2025-12-20

Saturday, Dec 20, 2025 3:05 pm ET1min read
Aime RobotAime Summary

- INJUSDT traded between 4.72–4.90, forming a bearish broadening pattern with failed 4.906 highs and key support at 4.83–4.84.

- 20-period EMA crossed below 50-period EMA, confirming short-term bearish momentum despite flat daily moving averages.

- Bollinger Bands widened to 0.09 range, RSI hit oversold 33 but lacked follow-through, while 61.8% Fibonacci at 4.84 provided temporary support.

- Volume surged at 4.887 but collapsed to <500 INJ, with divergence at 4.76–4.80 signaling weakening buying pressure amid sideways consolidation.

Summary

traded in a 4.72–4.90 range, consolidating near 4.83 with bearish divergence in late session volume.
• A 50-period EMA crossed below 20-period EMA, suggesting short-term bearish momentum.
• Bollinger Bands widened from 4.83 to 4.92, signaling rising volatility in afternoon trading.
• The 61.8% Fibonacci retracement level at 4.84 acted as temporary support during the 19:00–20:30 ET rebound.
• RSI (14) bottomed at 33 near 04:00 ET, hinting at oversold conditions but failed to trigger strong reversal.

Injective/Tether (INJUSDT) opened at 4.854 on 2025-12-19 at 12:00 ET, reached a high of 4.904, and closed at 4.831 on 2025-12-20 at 12:00 ET, with a low of 4.72. Total 24-hour volume was 644,174.91 INJ, and notional turnover was $3,096,160.

Structure and Formations


Price carved a bearish broadening pattern between 4.72 and 4.904, with a failed attempt at 4.906. A key support level emerged at 4.83–4.84, where the pair found a floor three times in the past 24 hours. A bearish engulfing pattern appeared at 4.89–4.885, followed by a hanging man near 4.831, suggesting indecision.

Moving Averages


Short-term momentum turned bearish as the 20-period EMA dipped below the 50-period EMA on the 5-minute chart. Daily moving averages showed a flat profile, with the 200-period at 4.84, suggesting no clear directional bias from longer-term trends.

Momentum and Volatility


MACD crossed into negative territory at 4.85 and remained below the signal line, reinforcing bearish momentum.
RSI briefly entered oversold territory at 33 but lacked follow-through buying. Bollinger Bands expanded from a 0.06 range to 0.09, with price hovering near the mid-band, suggesting sideways consolidation.

Volume and Turnover


Volume surged to 28,386 INJ at 21:00 ET as price hit 4.887, followed by a sharp decline to under 500 INJ by 01:00 ET. Turnover diverged at 4.76–4.80, where price rose but volume contracted, hinting at weakening buying pressure.

Fibonacci Retracements


A 61.8% retracement level at 4.84 held twice as support during the 19:30–20:30 ET rebound. On the daily chart, the 50% retracement level at 4.85 acted as resistance, with price failing to break above it.

Injective/Tether appears to be forming a distribution pattern with fading bullish conviction. A break below 4.80 could extend the correction toward 4.75, while a retest of 4.85 may offer a short-term entry point for cautious longs. Investors should monitor volume confirmation at key levels to avoid false breakouts in the next 24 hours.