Injective (INJ) is currently trading near $6, testing a significant resistance level that has held for several weeks. A breakout above $6.5 could pave the way for a rise to the $7.5–$8 range. However, failure to surpass this resistance might see the price retreat to $5.4 or even $4.6. Despite a recent rebound from the $5 level, the overall downtrend persists, with traders monitoring whether INJ can break out of its descending channel.