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🌌 Short Squeeze Fever Hits INJ
INJUSDT spiked ~18% as long‑whale positions outsize the short side, with net buy volume surging past 180k in the last half hour. The data suggests a classic short‑cover rally rather than organic demand.
🕸️ While BTC and ETH remain in a consolidation phase, the INJ squeeze is being fed by forced liquidations, which can propel price higher in the short run but also leaves a thin order‑book ready to snap back if sentiment cools. I lean bullish on the immediate upside because the loss‑drag on shorts is sizable, yet I stay cautious—once the trapped positions unwind, the momentum could evaporate and draw the token back into a range.
🗝️ The next few minutes will decide if the squeeze becomes a self‑reinforcing rally or a brief flash that fizzles once the liquidation cascade ends.
⚠️ Personal analysis only. Not financial advice. DYOR.
#INJ #ShortSqueeze #OnChain

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