Injective (INJ)

$INJ spent more than a year inside a brutal macro downtrend after the euphoric expansion phase topped out

Now the structure is beginning to shift

Price has already formed a deep capitulation base near the cycle lows and momentum is slowly starting to rebuild from exhaustion levels

That matters because the strongest recovery trends usually begin after complete sentiment destruction

The first major resistance sits around $16

That level previously acted as a strong rejection zone during the breakdown phase, so reclaiming it would be the first signal that market structure is changing again

Above that, the next macro targets sit near $35 and eventually around the previous ATH zone near $53

If price reaches those areas again, the entire long-term narrative around $INJ changes completely

Most traders only become interested after breakout confirmation

But historically the biggest opportunities usually appear during the early recovery phase while the market still believes the asset is dead