Injective price has been trying to find its footing after a shaky stretch in the market. INJ is trading at about $13.81, holding steady after dropping to $11.90 last week.
With things calming down, traders are waiting to see if it can push higher in the next couple of days.
What you'll learn 👉
What the Injective Chart Is Showing
Looking at the 4H chart, INJ price has been moving inside a wide range between $12 and $16.50. Earlier in August, it climbed all the way to $16.55, but sellers quickly took control and dragged the price lower. That downtrend bottomed out near $11.90, which has now become a key support level.
Since then, INJ price has managed to recover toward $13.80, but the real challenge sits just above at $14.
This zone has blocked rallies more than once over the past week. If bulls can finally clear it, a move toward $15 could follow. If not, the token might keep chopping sideways.
Market Indicators
Volume has slowed compared to the early August rally, with current levels around 30 million. That tells us fewer traders are jumping in right now, and a breakout will likely need a pickup in activity.
Open interest is sitting at 2.56 million, showing that leveraged bets have come down.
Shorts are still heavier than longs, with 3.81M in short positions versus 3.17M in longs.
That tilt suggests caution in the market, but it also means there’s room for a short squeeze if price breaks above resistance.
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INJ Price Short-Term Outlook for the Next 24–48 Hours
In the very short term, the levels to keep an eye on are $14 on the upside and $13.50 on the downside.
A breakout above $14 could give bulls the push they need to reach $15 or even $15.50. On the other hand, if INJ price slips below $13.50, the token could revisit the $12.50 area.
For now, Injective looks like it’s stabilizing after last week’s sell-off. The next 24–48 hours will show whether buyers have the strength to take control, or if INJ will stay stuck in its current range.
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