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Injective (INJ) trades below key resistance at $7.33, bullish outlook depends on reclaiming this level.

Technical Signals
10 Oct 2026
Tokenpost
View Source
Neutral
Injective (INJ) trades below key resistance at $7.33, bullish outlook depends on reclaiming this level.

Injective (INJ) traded at $7.07 on Binance, below the critical $7.33 neckline linked to a potential $13.40 cup-and-handle price target. The bullish scenario hinges on INJ recovering above the $7.21-$7.35 resistance zone and holding the $7.33 level, which would signal momentum improvement. Support levels to watch are $6.88 and $6.70, with a break below $6.70 shifting focus to the 50-day moving average near $6.44. Market indicators are mixed, and futures data shows a slight decline in open interest, reflecting cautious trader sentiment. The $13.40 target remains conditional and not guaranteed without a confirmed breakout above resistance.

Injective (INJ) is trading at Rp130.036 on Pluang as of Oct 10, 2026 18:01 WIB, showing a 3.61% gain over the past day. Despite the article noting a price below the $7.33 neckline, Pluang data indicates a positive daily change. Market activity on Pluang shows a slight sell bias with 53% of orders to sell and a typical holding period of 38 days, suggesting cautious but engaged investor interest.

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