May 9, 2025

Injective [INJ] Faces Potential Pullback as Short-Term Buying Pressure Weakens

1 min read

Injective protocol (INJ) might be facing waning bullish momentum as current analysis suggests. A breakout beyond the $29.68 level could indicate a new upward impulse, though it may not be likely. Currently, INJ is trading around $27.5, faced with the 50% Fibonacci retracement resistance at $29.6. Understand the latest trends and outlook for Injective Protocol The post Injective [INJ] Faces Potential Pullback as Short-Term Buying Pressure Weakens appeared first on COINOTAG NEWS .

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