Injective Token Surges 0.95% Amid Bullish Reversal

Injective, a blockchain platform designed for financial applications, has recently experienced a resurgence in market interest following a prolonged period of price decline. As of the latest reports, the INJ token is trading at $13.96, marking a 0.95% increase despite low trading volume.

Technical analysis of Injective's price movements reveals that the token has been in a consolidation phase within a downtrend since the fourth quarter of 2025. However, recent weeks have seen a reversal in INJ's price trend, suggesting a potential long-term price reversal. The $14-$15.5 zone is identified as a critical battleground for bullish momentum, with the current rounded bottom structure indicating that bearish pressure may be waning.

According to the analyst, More Crypto Online, if the bulls can maintain the price above the $11.80 resistance level, a key zone on higher timeframes, then a target of $26 or higher becomes a reasonable expectation. Technical indicators on the daily timeframe support this bullish outlook, with the MACD (12,26) at 39 and both short-term and mid-term moving averages signaling a "strong buy." This indicates aggressive buying pressure as traders enter positions. If this momentum continues, INJ could rally past $15 and potentially reach $26 in the coming weeks.