$INJ is the coin I’m watching today. It popped about 6% after Nasdaq approved Canary Capital’s staking-enabled INJ ETF, the first US ETF wrapper for Injective.
Right now it's around $8.16 on the chart, pulling back a bit after that run. It’s holding up okay, so people aren't rushing for the exits.
I’m leaning bullish if it keeps holding $8.00. The ETF news is real, but the launch flows aren’t here yet. Support is $8.00. Resistance is around $8.50 from that recent wick high.
If $8.00 holds, I think it can retest $8.50. If $8.00 breaks, my idea is wrong and $7.80 is the next spot I’d watch. What are you watching on INJ today?
#INJ #Injective
The pump is easy to see. The reason and the next move are not. Follow for both.
Right now it's around $8.16 on the chart, pulling back a bit after that run. It’s holding up okay, so people aren't rushing for the exits.
I’m leaning bullish if it keeps holding $8.00. The ETF news is real, but the launch flows aren’t here yet. Support is $8.00. Resistance is around $8.50 from that recent wick high.
If $8.00 holds, I think it can retest $8.50. If $8.00 breaks, my idea is wrong and $7.80 is the next spot I’d watch. What are you watching on INJ today?
#INJ #Injective
The pump is easy to see. The reason and the next move are not. Follow for both.
