Injective (INJ) Price Shows Early Signs of Bullish Reversal

Injective (INJ) has been showing early signs of a trend reversal after a prolonged downtrend. According to CoinMarketCap, the INJ price has declined by 2.55% over the last 24 hours and 2.16% over the last week.

The token's market capitalization stands at $327.46 million, which is also down by 2.51%. However, the crypto analyst Dragon Knight pointed out that INJ is showing early signs of a trend reversal after a prolonged downtrend, with price action grinding higher on strengthening bullish momentum.

A decisive breakout above the $3.33 resistance level marks a shift in structure, suggesting buyers are regaining control. This move could redefine near-term sentiment and attract renewed trader interest.