Injective (INJ) has broken out of a multi-month downtrend, marking a positive technical shift with the potential for a prolonged price uptrend.
With a price surge of 15.26% to 12.73 USD, this structural change indicates that market sentiment has shifted to an optimistic state, opening up the possibility of conquering resistance levels around 14.16 and 15.43 USD.
MAIN CONTENT
INJ breaks out of the long-term downtrend channel, confirming a short-term uptrend.
Funding Rate data and whale orders indicate strong growth confidence.
Liquidation clusters above 13 USD may trigger a short squeeze, pushing prices significantly higher.
Have traders shifted to a bullish trend after a long accumulation period?
According to the latest data, INJ's Funding Rate remains at a positive 0.01% on the weighted OI chart, indicating that traders are prioritizing holding long positions. This change accompanies the breakout from the technical downtrend, reinforcing market confidence in the upward trend.
A report from CoinGlass shows that a positive Funding Rate often appears right after significant price movements or technical structure changes, facilitating further price increases.
What signals are whales sending through large trades in the underlying market?
The underlying market data shows the emergence of several large 'whale orders', indicating strong participation from large institutions or individuals. This activity reinforces market confidence and often serves as a foundation for more sustainable breakthroughs.
The increase in large whale orders is an important indicator of trust and a willingness to invest long-term in INJ, contributing to the maintenance of stable price increases.
Head of market analysis, CryptoQuant, 2025
Could increased speculative activity cause INJ's price to fluctuate more strongly?
Combining futures trading volume data, INJ is entering a 'Heating' phase – a sign of increasing participation from traders in the derivatives market, which often leads to strong volatility.
This phenomenon, along with a positive Funding Rate and breakout price structure, signals the potential for sudden or impressive price movements in the short term.
Could the liquidation clusters around the 13 USD price level facilitate a short squeeze?
According to Binance's liquidation map, liquidations are most concentrated in the price range of 12.80 to 13.36 USD. If INJ's price continues to rise, a mass liquidation effect could trigger a short squeeze, driving prices even higher.
Conversely, if this area is not surpassed, the upward momentum may stall or weaken, requiring investors to closely monitor the 13 USD price point to develop appropriate strategies.
The liquidation zone around 13 USD is a crucial threshold, determining the next direction for INJ's price in the short term.
Technical analysis expert, CoinGlass, July 2025
Can INJ maintain its breakout momentum above key resistance levels?
The combination of breaking out of the downtrend channel, a positive Funding Rate, whale order accumulation, and a surge in derivatives activity has created a solid technical foundation for INJ.
However, liquidation pressure and nearby resistance levels may still pose challenges. The answer to long-term growth objectives will be determined in the coming days as the price approaches these key areas.
Frequently Asked Questions
What is INJ and why has the price recently surged?
INJ is the foundational token of the Injective Protocol. The price increase is due to breaking out of a multi-month downtrend, combined with positive signals from whales and a positive Funding Rate, indicating increased market confidence.What does a positive Funding Rate mean for INJ?
A positive Funding Rate implies that traders are willing to pay fees to maintain long positions, indicating a bullish price trend and more sustainable confidence in the market.How do whales affect INJ's price?
Whales executing large orders help maintain liquidity, reinforcing the upward trend as many large investors agree to expand long positions.How does a short squeeze affect INJ's volatility?
A short squeeze occurs when short positions are forced to close due to sudden price increases, causing INJ's price to potentially break out significantly in a short time.What are the current important resistance levels for INJ?
The 13 USD level is a major liquidation point, followed by resistance levels of 14.16 and 15.43 USD, determining whether price momentum continues to increase or adjust.
Source: https://tintucbitcoin.com/inj-tang-bo-co-chinh-phuc-14-usd/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to always stay updated on the latest news about the cryptocurrency market and not miss any important information!
