$INJ /USDT is trading at approximately $14.89, reflecting a strong 11–12% rally over the past 24 hours and robust trading volume of around $230–$250 million.
Spot Trade Idea
Injective (INJ) is demonstrating notable bullish momentum, holding steady near $14.90. If the price sustains above this level, there’s room to consider a long entry targeting the next logical resistance zone around $17–$18, offering potential upside of roughly 15–20%.
For risk management, place a stop-loss just below $14.00, slightly beneath recent short-term support. A drop below this threshold may indicate a breakdown in bullish conviction while keeping your downside limited to around 6–7%.
This setup provides a balanced risk-reward framework: capturing upside potential while defending against abrupt reversal especially in a volatile crypto landscape like Injective's.
