Injective is currently approaching a key support zone within a descending channel on the 3D TF.
This indicates that the asset's price which has been trending downward is nearing an area where it could potentially stabilize or reverse its course.
Injective moves closer to this support zone traders and investors should keep a close watch for signs of a rebound or a continued decline. The support zone inside the channel often acts as a critical point where buying interest may increase possibly halting the downward movement.
Looking ahead several target levels have been identified as potential milestones for the asset's price. These levels are you 6.5usd 10usd 14usd and ultimately 20 to 35 usd Each of these targets represents a possible point of resistance or support depending on how the price action unfolds.
Injective is nearing an important support area on the longer-term chart with multiple price targets that could influence its trajectory. Investors should monitor the price action around these level
