Injective

<ul><li>INJ faces strong resistance at $48.50, signaling a tough road ahead for bulls.</li><li>Support at $15.50 and $24.00 offers stability amidst market volatility.</li><li>RSI recovery and price rebound suggest short-term bullish sentiment, but $27.50 remains a crucial hurdle to overcome.</li></ul><a href="https://cryptotale.org/injective-demonstrates-resilience-amidst-cryptocurrency-downturn/" rel="noopener noreferrer nofollow">Injective Protocol</a> (INJ) has been exhibiting promising signs of recovery after enduring a prolonged period of decline spanning over two months. As highlighted by <a href="https://x.com/CryptoJelleNL/status/1791375366516281604" rel="noopener noreferrer nofollow">Jelle</a>, a top analyst, with daily bullish divergence evident and an inclination towards reclaiming previous all-time highs (ATHs), analysts are eyeing pivotal levels to gauge the trajectory of this potential resurgence.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/963333e6b564455e986decd31541eca0.png" />One of the notable resistance barriers lies at the $48.50 mark, showcasing resilient seller presence as it has thwarted numerous attempts to breach. This steadfast resistance underscores the challenge ahead for<a href="https://cryptotale.org/can-injective-inj-reach-new-heights-expert-spots-golden-pocket-support-zone/" rel="noopener noreferrer nofollow"> INJ</a> bulls. In the intermediate range, a zone between $35.50 and $39.50 has proven formidable, serving as a point of rejection and contributing to the downward trend.<a href="https://cryptotale.org/breaking-through-resistance-can-inj-surpass-27-50-to-trigger-a-rally/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Breaking Through Resistance: Can INJ Surpass $27.50 to Trigger a Rally?

CryptoTale

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