Can Injective Breakout Above $16–17 to Reach $30?

Injective’s price action demonstrates a strong breakout from a multi-month descending pattern. The recent move above key support zones, holding above $16–17, signifies potential momentum towards sustained rally targeting the $24–$30 range. A confluence of higher lows and tight consolidation above critical support levels highlights Injective’s readiness for a decisive breakout.** Technical indicators further support this bullish outlook, with recent price action displaying a clear trend reversal.

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