Injective (INJ/USDT) recently experienced a surge in price, reaching a high of $26.50 before a downward move. Technical analysis suggests that consolidation is likely, with resistance and support levels playing a crucial role in determining the next price moves. Analysts believe that if INJ can hold support zones and break through resistance levels, it has the potential for a positive long-term move. Currently, the price broke above the upper Bollinger Bands, indicating strong buying signals, but a market bearish reversal followed afterward. The RSI level suggests more upside potential, but also hints at weakening buying pressure. Immediate resistance stands at $26.50, while support is expected at $20.56. Analyst Cryptodoc_ sees a potential bounce point around the $23.00 level, with a successful bounce indicating strong buyer support. Breaking above the resistance zone above $30.00 could trigger a significant bullish continuation, potentially leading to a "big pump." Cryptodoc_ holds an optimistic view, believing that INJ could eventually cross $100 if it maintains momentum and successfully clears resistance levels. Traders and investors will closely monitor these levels to determine the strength and direction of INJ in the coming weeks. Ultimately, the broader trend remains positive for long-term holders, but patience is advised as short-term fluctuations are expected.



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