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TLDR:

  • Injective price slips below $15 after recent breakout, raising questions about short-term momentum.
  • $13.95–$14.20 zone may act as a critical retest area for buyers to defend.
  • A push above $15.96 with volume could reignite Injective’s bullish breakout narrative.
  • Cup-and-handle formation remains valid if price holds above key support levels.

Injective’s price is back below a key price level. The token slipped below the $15 level that recently marked a breakout trigger. This shift now places the spotlight on a potential retest that could decide its next big move. 

The momentum that once pushed the price higher has paused. Traders are now watching if this dip resets the market or invites fresh selling.

Injective Price Breakout Meets Reality

CryptoBusy previously noted that $15.96 acted as a whale-controlled sell zone. That barrier broke earlier this week, signaling a shift from sellers to buyers. However, Injective’s price now trades near $14.19, according to CoinGecko data. 

INJ price on CoinGecko

The move suggests a post-breakout retest is unfolding, and bulls must defend this range to avoid losing momentum.

The $15 zone has become a key battleground. If price reclaims it and holds, traders could aim for $18 to $20 next. Below it, $13.95 to $14.20 remains an ideal retest area where demand may resurface. 

But failure to bounce could push Injective toward deeper support zones.

CryptoBusy pointed out that whale sell pressure above $15.96 has thinned. That means fewer large sellers are defending the level. Even so, without a clean move back over $15.96, the breakout remains unconfirmed.

INJ Price Momentum or Breakdown

Injective’s daily chart still shows a bullish pattern. The cup-and-handle structure remains intact if this pullback holds above support. A rebound from this level could trigger algorithmic buying and reignite momentum.

But if buyers fail, traders may look back to the $13 range for stability. A clean retest above $15.96 with volume would shift the narrative again in favor of bulls. Until then, the market stays in wait-and-see mode.

For now, Injective sits just under $15 while the broader market watches closely. Its breakout is not invalid, but it needs confirmation. A hold above support could reopen the path toward price discovery.

As CryptoBusy explained, one strong retest is often all it takes. Whether Injective delivers that move could decide if this is just a pause or the start of something bigger.

 

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