Injective Flips Bearish Structure After Monthly Order Block Holds: What’s Next for INJ?

INJ Tests Key Macro Support After 95% Correction From Peak Altcoin News ETHNews

A prolonged decline in Injective (INJ) has brought the token back to a major higher-timeframe demand zone, creating a structure that traders are closely monitoring for potential trend stabilization. The latest monthly chart suggests that price has returned to a historically significant support region following one of the deepest drawdowns in its cycle. According to chart analysis shared by Crypto Patel, INJ has retraced roughly 95% from its all-…

Injective Flips Bearish Structure After Monthly Order Block Holds: What’s Next for INJ?

The post Injective Flips Bearish Structure After Monthly Order Block Holds: What’s Next for INJ? appeared on BitcoinEthereumNews.com. TLDR: Injective (INJ) price fell nearly 95% from its peak before stabilizing at a higher-timeframe demand zone. A strong rebound of roughly 4500% followed the reaction from the monthly order block support area. Analysts identified a market structure shift after the asset broke its long-term lower-high trend. Liqui…

Injective Flips Bearish Structure After Monthly Order Block Holds: What's Next for INJ?

TLDR: Injective (INJ) price fell nearly 95% from its peak before stabilizing at a higher-timeframe demand zone. A strong rebound of roughly 4500% followed the reaction from the monthly order block support area. Analysts identified a market structure shift after the asset broke its long-term lower-high trend. Liquidity targets near $16, $35, and $53 remain visible if higher-timeframe demand continues holding. The Injective (INJ) price is drawing…