$INJ (Injective)
โก INJ at a decision pointโtrend resume or range trap?
๐ Bullish: Reclaim $14.8โ$15.6 โ target $17โ$19 on perp/derivatives traction.
๐ Bearish: Slip under $12.3โ$12.8 โ risk $10.8โ$11.5.
๐ Insight: High staking, burns, and app layer (perp DEX, RWAs) = strong token sink.
โ Your call: Does INJ lead DeFi again if liquidity rotates back to L1 perps?