INJ/USDT: the week when Injective returned to the conversation
As early as the beginning of September, INJ was hovering around $9–10, forgotten by the market. By September 25, it was trading in the $13.80–14.20 range, up about +18% over the week. Not a parabolic move, but enough to get back on everyone’s radar.
RSI around 68 — close to overbought, but not in the extreme zone yet. Open interest on futures is increasing, indicating speculative capital coming in, and that’s always a double-edged sword.
‼️Not an investment recommendation. The market is volatile—decide for yourself.‼️
As early as the beginning of September, INJ was hovering around $9–10, forgotten by the market. By September 25, it was trading in the $13.80–14.20 range, up about +18% over the week. Not a parabolic move, but enough to get back on everyone’s radar.
RSI around 68 — close to overbought, but not in the extreme zone yet. Open interest on futures is increasing, indicating speculative capital coming in, and that’s always a double-edged sword.
‼️Not an investment recommendation. The market is volatile—decide for yourself.‼️