$INJ Institutional DeFi Leader INJ Ready for Next Leg Up! 🚀
$INJ Injective (INJ) continues to lead the Layer-1 DeFi sector with exceptional structural strength in early 2026. After a healthy cooling-off period, the price is currently coiling within a bullish pennant pattern, indicating a massive buildup of buy-side pressure. The token has established a rock-solid floor at the $15.00 psychological support level, which aligns perfectly with the 100-day EMA.
On the daily chart, the MACD is on the verge of a bullish crossover, suggesting that momentum is shifting back to the buyers.
If INJ can break and close above the immediate resistance at $18.50, we expect an aggressive rally toward the $24.50 target. With the Injective ecosystem's recent upgrades in institutional dApp liquidity, the fundamentals remain among the strongest in the market for a long-term bullish trend.
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