#Injective (INJ) is gaining serious momentum both on the charts and in the institutional arena.

Technically, $INJ is showing strong bullish signals on the daily chart. The 9-day EMA has crossed above the 20-day EMA, a classic indicator of short-term momentum shifting in favor of the bulls. The MACD is deep in positive territory, suggesting strong buy-side pressure, while the RSI continues to rise toward overbought territory—often a sign of a sustained uptrend rather than an immediate reversal, especially when backed by volume.

At the same time, Canary Capital has filed with the U.S. SEC to launch the Canary Staked INJ ETF, a first-of-its-kind exchange-traded product tied to Injective's price and staking rewards. The move points to growing institutional demand for exposure to Injective and staking-based crypto investments, potentially increasing liquidity and investor confidence.

With technical indicators flashing green and institutional interest ramping up, INJ could be positioning itself for a significant breakout if it clears nearby resistance. This convergence of technical strength and fundamental news is one to watch closely.

#TradingSignals #INJ

Read the full analysis: www.ecoinimist.com/2025/07/17/injective-price-brewing-bullish-storm