Injective (INJ) has broken below a crucial ascending triangle pattern, indicating a bearish continuation. Analysts have identified $14.50 as a resistance level and $11.50 as support, with potential further declines targeting the $9 zone. The breakdown highlights diminishing bullish momentum and increased selling pressure, as price rejection at the $13.50–$14 range reinforces resistance. INJ remains below its 2-year descending trendline, with technical indicators suggesting continued downward movement unless the cryptocurrency reclaims the $14 level.
Injective (INJ) Breaks Key Support, Targets $9 Amid Bearish Trend
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