Bit360
06/09 16:18

Injective (INJ) is currently trading at $13.06, showing a slight intraday gain of 0.76%. Despite holding above key short-term support, the token remains capped by a well-defined resistance zone. After reaching a high of $15.48 in mid-May, INJ has been unable to sustain upward momentum, trading in a range while broader market conditions remain uncertain
The overall crypto market has been consolidating, with Bitcoin and Ethereum both showing signs of exhaustion. This has limited upside across many altcoins, including INJ. While some tokens are forming new bases, INJ continues to face pressure from resistance levels established in May.
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