Injective (INJ) Hits Resistance at $8.00, Potential Pullback Looms

Injective (INJ) is trading at $8.00 as of September 25, 2026, having surged above all major moving averages and reaching overbought territory.

The token's vertical ascent has hit a significant wall, with the price now facing resistance from sellers. Despite its bullish trend, INJ is experiencing a flattening momentum, which could lead to a short-term pullback before potentially pushing towards $9.14.

Top traders are holding long positions on INJ, but the derivatives market suggests that someone with size is reducing exposure and liquidating positions. The taker buy/sell ratio indicates aggressive sell orders outpacing buys, which could lead to a short-term shakeout before fresh momentum develops.