$INJ Latest Analysis (November 23, 2025)
As of today, Injective (INJ) trades at $5.52, up 0.5% daily but down 28% weekly as trading volume halves to $68M amid broader DeFi slowdowns, testing $5.20 support after retracing from $7.50 highs. Open interest drops signal caution, with risks to $4.80 on continued outflows; however, protocol upgrades and cross-chain integrations could drive rebound to $6.50, per forecasts. Technicals: RSI at 40 (neutral), eyeing $6 resistance. Short-term: bearish consolidation; long-term: $10+ in 2026 via derivatives growth.
