$INJ

Injective Protocol (INJ) is trending on social media today and aka showing volatility memories that recently pushed prices higher. INJ has traded between $16 and $23 recently, closing today at ~ $18.529 Experts say this range may remain within the next few days and there may be short-term fluctuations within these frames due to market correction. Recently, INJ saw a big rally but is projected to see some short term pull backs, potentially back into the $15 - $17 zone as it consolidates some of the gains.

In the near term, high trading volume, chatroom excitement, and developer enthusiasm bode well for INJ. These will assist in sustaining the price momentum while still being above major support zones. Nonetheless, technical indicators suggest corrections could be in order, which would represent healthy market activity characterized by small pullbacks, which could present good buying opportunities for those looking to buy pullbacks as a low price entry.

In the long run, INJ has long-term bullish bias due to broader adoption or the Injective Protocol for more decentralized finance (DeFi) applications.