Injective Price: Bullish Case Takes Shape Amid 95% Drop

Injective (INJ) price has dropped 95% from its macro high, retracing almost the same percentage as its last massive run that delivered a 4,619% rally. Analyst Crypto Patel believes the INJ price is compressing inside a high-timeframe fair value gap, potentially forming a multi-year re-accumulation base. A key level to watch is $1.10, and if the INJ price holds above it, the structure remains intact.