$INJ Update ๐ Can momentum hold above $8?
๐ฐ Price now: $8.15 | 24h: +7.9%
๐ Market cap: $814.24M | Rank: #87
๐ 24h range: $7.39โ$8.35
๐ฐ What's happening:
INJ extended its recovery with strong trading activity, briefly reaching $8.35. Attention follows an amended spot Injective ETF filing and an onchain-commerce event involving Injective and #Microsoft .
๐ฅ Key catalyst:
Growing institutional-product interest and Injectiveโs expanding onchain-finance narrative.
๐ Next step to watch:
๐ด Bearish case: Below $7.99 could expose $7.83.
๐ข Bullish case: Above $8.35 could bring $8.50 into focus.
๐ My take:
Momentum remains positive, but the elevated four-hour RSI increases pullback risk.
Not financial advice, DYOR โ ๏ธ
#Injective #INJToken #CryptoAnalysis $INJ
๐ฐ Price now: $8.15 | 24h: +7.9%
๐ Market cap: $814.24M | Rank: #87
๐ 24h range: $7.39โ$8.35
๐ฐ What's happening:
INJ extended its recovery with strong trading activity, briefly reaching $8.35. Attention follows an amended spot Injective ETF filing and an onchain-commerce event involving Injective and #Microsoft .
๐ฅ Key catalyst:
Growing institutional-product interest and Injectiveโs expanding onchain-finance narrative.
๐ Next step to watch:
๐ด Bearish case: Below $7.99 could expose $7.83.
๐ข Bullish case: Above $8.35 could bring $8.50 into focus.
๐ My take:
Momentum remains positive, but the elevated four-hour RSI increases pullback risk.
Not financial advice, DYOR โ ๏ธ
#Injective #INJToken #CryptoAnalysis $INJ
