**Injective Shows Short-Term Gains Amid Market Uncertainty**

Injective (INJ) has experienced a notable 6.16% increase against the US Dollar over the past 24 hours, outperforming the broader cryptocurrency market, which saw a 5.72% rise. Despite this short-term gain, the market sentiment remains cautious, with the Fear & Greed index indicating a "Fear" level at 32.

While INJ has shown a positive trend over the last month, gaining 8.12%, it is still trading 22.36% below the predicted price of $26.23 for October 16, 2024. The current price stands at $20.37, with key support levels at $18.71, $18.20, and $17.69, and resistance levels at $19.72, $20.22, and $20.73.

The overall sentiment for Injective is neutral, with 55% of indicators favoring a positive outlook. However, the market's inherent volatility and the prevailing fear among investors suggest a cautious approach. The long-term trend remains uncertain, and investors should remain vigilant.