Injective price is showing some stability above the $11 level after pulling back from its recent highs. Traders on X are starting to take notice, especially after seeing several well-timed entries shared by veteran analyst CryptoBusy.
He’s been using a simple, repeatable strategy with INJ that’s produced multiple high-return trades. With the price holding key support and forming a wedge pattern, this current setup could be offering another opportunity.
In the 4H INJ chart, CryptoBusy mapped out three long positions, all based on the same kind of setup, price bouncing off previous resistance zones that have now flipped into support, combined with descending wedge formations. His latest entry came right after a bounce near $10.75, aiming for a short-term move into the $11.20 to $11.30 range.
In his tweet, CryptoBusy explained that he focuses on just one or two coins, and INJ has been delivering consistently. He called the trades “printing,” hinting that this setup keeps working with clearly defined targets and stops. His previous long positions returned over 60% and 90%, all using this structure-based approach.
Injective Price Key Technical Levels to Monitor
Current price action shows INJ price trading around $11.20. The nearest support sits at $10.75, which aligns with a previous breakout retest. If that fails, the next key level is $9.80, where the last leg of upside began. The resistance range between $11.20 and $11.30 has served as a profit-taking zone during prior moves.
The chart also reveals a descending wedge pattern on the short-term timeframe. This type of setup, when supported by volume and structure, can indicate a reversal if price breaks out to the upside.
Moreover, market sentiment around INJ price remains focused on structure-based execution. CryptoBusy’s series of trades suggests the current price zone is attracting renewed attention. As long as support levels remain intact and the wedge formation holds, traders may continue to view the range as favorable for short-term positioning.
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