Midweek Pulse: $INJ Tests Upper Band 📊
Price action – Injective Protocol ($INJ ) slipped to $10.45 on Binance Spot, down 5.1 % over the past 24 hours after a brief rally that pushed it to $11.10 earlier this week. The recent ascent appears stretched amid neutral market sentiment.
Key levels – Immediate support sits at $10.00, with a secondary floor near $9.70. Resistance is clustered around $11.20, while the current price hovers near the mid‑range pivot of $10.55. Holding the $10.00 floor could set the stage for a test of the $11.20 barrier; a break below $9.70 would signal deeper weakness.
Outlook – Cautiously, the move looks stretched. Watch for a pullback to the $10.
Price action – Injective Protocol ($INJ ) slipped to $10.45 on Binance Spot, down 5.1 % over the past 24 hours after a brief rally that pushed it to $11.10 earlier this week. The recent ascent appears stretched amid neutral market sentiment.
Key levels – Immediate support sits at $10.00, with a secondary floor near $9.70. Resistance is clustered around $11.20, while the current price hovers near the mid‑range pivot of $10.55. Holding the $10.00 floor could set the stage for a test of the $11.20 barrier; a break below $9.70 would signal deeper weakness.
Outlook – Cautiously, the move looks stretched. Watch for a pullback to the $10.