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Injective (INJ) drops 10% after failing to sustain breakout above $8

Technical Signals
15 Oct 2026
Tokenpost
View Source
Bearish
Injective (INJ) drops 10% after failing to sustain breakout above $8

Injective (INJ) fell 10.07% within 24 hours to $7.29 after briefly rising above $8 but failing to maintain that level, indicating a failed breakout. The price slipped below key pivot and short-term moving averages, signaling potential weakness. Open interest data showed mixed signals, with one reading up 15.64% and another down 5.9%, reflecting uncertainty among futures traders. This price action suggests caution for investors watching INJ's next moves.

Following Injective's recent price drop noted in the news, on Pluang the token trades at Rp128.789 with a 7.42% decline as of Oct 15, 2026 20:03 WIB. The market cap stands at Rp12.93 trillion with a 24-hour trading volume of Rp2.21 trillion. Investor sentiment on Pluang shows 82% buy orders and a typical hold time of 38 days, highlighting ongoing interest despite recent volatility.

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