INJ/USDT Technical Outlook
The protocol has activated its native EVM (Ethereum-compatible) mainnet version and improved toolsets. Thanks to this, Ethereum-based applications can run more easily and quickly on Injective, which supports ecosystem growth.In addition, major crypto exchange Binance announced that it will support the upgrade and hard fork process on the INJ network. Together with this development, it is an indication that technical improvements are progressing securely.These recent infrastructure upgrades and integrations turn INJ from being only a DeFi-focused token into a platform capable of attracting different blockchain applications.
The price has been moving within a descending channel for a long time, progressing by being rejected from the upper trend and receiving reactions from the lower trend. In other words, this is not a random sell-off, but a controlled downward oscillation. In such structures, the market usually does not “rush” and buys time by working the levels.
Currently, the price is moving close to the lower–middle band of the channel. This brings two short-term scenarios to the table: either the lower trend will work once again, or we will see a relief attempt toward the upper side of the channel, even if weak. However, the important point is that there is nothing yet that breaks the structure.
The levels seen on the chart are technically clear:
- 4.42 – 4.49: Current price zone and short-term intermediate support
- 4.71: First serious resistance, a horizontal level that has worked frequently in the past
- 5.04: Boundary level of in-channel reaction rallies
- 6.09: Resistance above the channel upper band where an upward breakout of the channel would be confirmed
- 3.82: Main support to watch along the continuation of the lower trend
- 3.21: Final defense line where the structure would completely break down
In the upside scenario, the price moving above 4.71 would only mean a short-term breath. The real critical threshold is the 5.00 – 5.10 band. This region is strong both psychologically and in terms of channel geometry. Without closes above this area, it is too early to talk about a trend reversal.
On the downside, things are clearer. Closes below 4.42 push the price back toward the lower trend, and in this case, levels around 3.80 can be tested quickly. Considering how the channel has worked so far, this scenario would not be surprising.
In summary, INJ is currently neither at the bottom nor in a reversal. There is a patient price action that follows the channel rules. In such structures, profit comes not from predicting direction, but from observing which side makes a mistake at the channel boundaries. Until a breakout occurs, the trend is still downward.
These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
