INJ Support and Resistance Analysis: Critical Levels January 19, 2026

INJ price at $4.68 level, primary support positioned just above $4.6753. Daily downtrend continues as the critical buyer zone is being tested.

Current Price Position and Critical Levels

INJ is trading at $4.68 as of January 19, 2026, down 9.43% in the last 24 hours, moving in the $4.44-$5.27 range. The overall trend is confirmed as downtrend; price remains below EMA20 ($5.11) and RSI at 41.56 signals neutral-bearish territory. Supertrend indicator gives bearish signal pointing to $5.81 resistance. Multi-timeframe (MTF) analysis detects a total of 11 strong levels across 1D/3D/1W timeframes: 2 supports/2 resistances on 1D, 1S/1R on 3D, 2S/3R confluence on 1W. Price has been rejected from short-term supply zones and is now approaching the primary demand zone. This position implies potential base formation or invalidation test for deeper downside. Volume at $65.21M is moderate; increasing volume on declines shows seller dominance.

Support Levels: Buyer Pools

Primary Support

$4.6753 (Strength Score: 83/100) – This level stands out as INJ’s most critical buyer zone. Why? Perfect confluence on 1D and 3D timeframes: formed as the order block (OB) of the last downward wave on 1D, strong wick rejection occurred here in October 2025 with volume spike as buyers stepped in. On 3D chart, it aligns with Fibonacci 0.618 retracement and has been tested and held 3 times historically (historical test count: 3/3 success). Volume profile shows high volume node (HVN) concentrated here, meaning institutions may have accumulated long positions in this area. MTF confluence score is high; it also overlaps with minor support on 1W. As price approaches here (currently just above at $4.68), there’s stop hunt risk for liquidity sweep, but if it holds, bounce probability is 70%+ (based on historical data). Invalidation: Break below $4.60 opens the next OB.

Secondary Support and Stop Levels

$4.1600 (Strength Score: 67/100) – Secondary support, a deeper demand pool. Lower band of main supply/demand zone on 1W timeframe; confluence with breaker block from November 2025 rally. Strong bounces occurred here twice (volume-backed reversal candles), with RSI divergence potential (near oversold). Aligns with EMA50 ($4.25) on 1D, adding extra confluence. Monitor below $4.10 as stop level; it targets equal lows liquidity and triggers bearish continuation. This level becomes the first target on primary support breakdown (path to $1.7050 downside). If volume decreases, big players (smart money) may enter here.

Resistance Levels: Seller Pools

Near-Term Resistances

$4.9128 (Strength Score: 71/100) – Near-term first seller zone, upper band of last 24h range and EMA20 ($5.11) approach. Fresh order block on 1D (last drop OB), sellers entered aggressive shorts here; wick rejections frequent (2 tests in last 3 days, 100% rejection). Low volume node (LVN) on volume profile but trapped longs’ stops above, ideal for liquidity grab. First obstacle on Supertrend path to $5.81. Clean breakout + retest required for break; otherwise high fakeout risk.

Main Resistance and Targets

$5.1750 (Strength Score: 61/100) – Main resistance, supply zone with 3D and 1W confluence. Mitigation block from December 2025 high on 1W; overlaps with Fib 0.5 extension. Historically 4 tests/4 rejections, seller divergence on volume (low buyer volume). Path to upper target $7.1250 passes through here but Supertrend $5.81 must break for 1:2.5 R/R. Invalidation above $5.30; collects equal highs liquidity and accelerates upside momentum. MTF shows 3R concentration here, big players may await short squeeze.

Liquidity Map and Big Players

INJ liquidity map is filled with short stop liquidity above $4.91 and long stops below $4.60. Big players (CEXs/institutions) appear to have accumulated longs in $4.6753 demand zone while opening shorts in $5.1750 supply. Imbalances (fair value gaps) on 1W between $4.90-$5.10, price may be pulled there. Order flow analysis: Liquidity sweep from $5.27 dump on last drop, now buy imbalance forming at $4.44 low. Smart money seeks higher lows in downtrend as buyers; raid to $4.16 possible on breakdown. Volume delta negative but divergence signal present, $4.6753 hold critical for reversal.

Bitcoin Correlation

INJ has 0.85 correlation with BTC; BTC in uptrend at $92,976 but Supertrend bearish and dominance rise pressuring alts. If BTC key supports $92,356 / $90,950 / $89,311 hold, INJ can bounce from $4.6753 (historical 75% positive correlation). If BTC fails $94,151 resistance, INJ rejection at $4.91 strengthens and $4.16 downside triggers. BTC below $89k cascade risk opens $1.70 target for INJ. Watch: If BTC dominance >55%, alts stay weak. Details in INJ Spot Analysis and INJ Futures Analysis.

Trading Plan and Level-Based Strategy

Level-based outlook: Hold above $4.6753 > $4.91 breakout targets $5.1750 / $7.1250 (R/R 1:3). Break below $4.6753 < $4.16 test, $1.7050 downside (R/R 1:2). Long: $4.68 dip, stop $4.60, target $4.91. Short: $4.91 rejection, stop $5.10, target $4.67. Wait for multi-timeframe confluence; volume spike + candle close required. This outlook is price action based (not advice). Risk management: 1-2% position size, use trailing stop.