$INJ 🔥 The coin surged strongly over the past few days, up about +45% in a week. And this time the reason isn’t just speculative trading.
Injective securing a filing with the SEC as a transfer agent opens an important door for tokenized assets and financial markets on-chain, and with real-asset products along with a buyback and burn of $INJ , the fundamentals have become stronger.
Technically, the price rejected the 6.00–6.10$ level.
A breakout and stabilization above it could pave the way to 6.50$, then 7.00–7.20$.
As for failure, it could send $INJ back to 5.50$, then 5.30$.
The move is strong, but after this rally I don’t chase the price. I’ll watch for the breakout or the pullback and seize the opportunity.
Injective securing a filing with the SEC as a transfer agent opens an important door for tokenized assets and financial markets on-chain, and with real-asset products along with a buyback and burn of $INJ , the fundamentals have become stronger.
Technically, the price rejected the 6.00–6.10$ level.
A breakout and stabilization above it could pave the way to 6.50$, then 7.00–7.20$.
As for failure, it could send $INJ back to 5.50$, then 5.30$.
The move is strong, but after this rally I don’t chase the price. I’ll watch for the breakout or the pullback and seize the opportunity.
