Market Overview for Injective/Tether (INJUSDT) on 2025-12-27

Summary
• INJUSDT tested key support at $4.62, rebounding with bullish momentum into late ET.
• Volatility surged during the 15:45–16:45 ET window, with a 5.5% price rally.
• RSI climbed to 62, indicating moderate strength, while volume confirmed the rally.
• A bullish engulfing pattern emerged at 12:45 ET, confirming a potential short-term reversal.
• Bollinger Bands widened, suggesting increasing volatility and potential breakout conditions.

Injective/Tether (INJUSDT) opened at $4.632 on 2025-12-27 at 12:00 ET-1 and reached a high of $4.716 before closing at $4.681 at 12:00 ET. The low was $4.578, with a 24-hour volume of 72,740.89 INJ and a notional turnover of approximately $340,064.64.

Structure & Formations

The pair found strong support near $4.596 after a sharp decline in the early ET hours, which led to a reversal and a test of prior resistance levels. A key bullish engulfing candle appeared at 12:45 ET as price moved from $4.669 to $4.676, reinforcing the potential for a short-term upward move. The price action showed a 5-minute double bottom pattern around $4.64 and a 15-minute bullish continuation into the late ET hours. A minor resistance level emerged at $4.69–$4.70, with price failing to hold above it for long periods.

Volatility and Bollinger Bands

Bollinger Bands showed a clear expansion during the 15:45–16:45 ET window as price surged from $4.69 to $4.716, with a high of $4.716 sitting at the upper band. This suggests rising volatility and potential for continued movement in either direction.

Volume and Turnover

Volume spiked dramatically at 12:15 ET and again at 15:45 ET, aligning with strong price surges and confirming bullish momentum. Turnover at $340,064.64 during the 12:15 ET bar was more than double the next highest bar, supporting the strength of the rally. No significant divergence between volume and price was observed.

Momentum and Fibonacci Levels

RSI climbed into the 60–62 range, indicating moderate strength but not yet overbought territory. The MACD line crossed above the signal line in the late ET hours, reinforcing the bullish bias. A 5-minute Fibonacci retracement of the $4.578–$4.716 swing placed key levels at $4.646 (38.2%) and $4.679 (61.8%), both of which were tested in the last hour.

Forward-Looking Outlook

With key resistance at $4.69–$4.70 and support at $4.64–$4.65, INJUSDT could continue its consolidation or break out if volume remains strong. A break above $4.706 would suggest a retest of the $4.716 high, while a drop below $4.65 may trigger renewed bearish pressure. Investors should monitor volume and 5-minute Fibonacci levels for directional clues.

Risk Consideration

While the recent move shows strength, INJUSDT remains in a volatile trading range. A sudden decline in volume or a close below $4.64 could signal a reversal or extended consolidation ahead.