INJ Struggles at Crucial $12.5 Zone, Can Bulls Reclaim $14?

TL;DR INJ defends $12.5 support zone; failure risks $11.5, while reclaiming $14 could revive bullish ￰0￱ Ali Martinez warns of a breakdown from an ascending triangle, mapping downside targets as low as $8.22. On-chain activity surges with $62.6B traded, while the SEC reviews a proposal for a potential INJ ￰1￱ Holds at Key Support Injective (INJ) is trading at around $13, showing a daily decline of 2% and a weekly drop of 2%. The token is holding above the $12.5–$12.7 support band, a zone that has acted as a base in recent ￰2￱ Alpha Crypto Signal described this level as decisive. “If buyers defend this zone, a short-term bounce toward 13.1–13.9 is possible,” they said.

A breakdown, however, could send the price into the $11.8–$11.5 area, where prior consolidation took ￰3￱ on #INJ : $INJ is sitting at a critical support zone around 12.5–12.7. This level has acted as a base multiple times, making it a decisive battleground for bulls and ￰4￱ buyers defend this zone, a short-term bounce toward 13.1–13.9 (EMA9 & SMA50 cluster) is… ￰5￱ — Alpha Crypto Signal (@alphacryptosign) September 2, 2025 The daily chart shows the EMA 9 at $13.09 and the SMA 50 at $13.92, forming the first resistance cluster above current levels. A push through this zone would be the first step toward ￰6￱ Crypto Signal added, “The structure stays neutral-to-bearish unless INJ reclaims 14+ with strong volume.” Until that happens, price action remains fragile, with $12.5 as the make-or-break ￰7￱ Breakdown Scenario Martinez presented a different view, pointing to a breakdown from an ascending triangle that had guided INJ since ￰8￱ loss of the trendline, he said, confirms a bearish ￰9￱ $INJ breakout confirmed from ascending triangle, eyeing $8! ￰10￱ — Ali (@ali_charts) September 2, 2025 He marked possible retracement levels at $11.66, $10.53, $9.51, and $8.22.

“This breakdown sets up INJ for a move toward $8,” he ￰11￱ chart suggests that temporary rebounds may occur, but overall pressure remains to the downside unless the trendline is ￰12￱ Activity and Community Updates While traders debate near-term direction, Injective’s ecosystem continues to ￰13￱ CryptoBusy observed that every major rally in INJ has started with extended consolidation, followed by sharp ￰14￱ noted that momentum indicators such as the MACD are flattening, which could hint at a shift. Elsewhere, Renksi reported $62.6 billion in on-chain trading volume, citing steady flow through trades, burns, and ￰15￱ itself confirmed that the SEC opened a comment period on a potential INJ ETF and that community members have launched new initiatives in Japan.