The Injective price has shown resilience after a recent market dip, currently trading around $13.80. Following last week’s drop to $11.90, the token appears to be stabilizing. But traders are eager to see if it can rally in the next 24-48 hours. Experts are closely watching for bullish signs. The Injective Chart shows a price range of around $12 to $16.50, with a notable high point at $16.55 before sellers took control and pushed prices lower. This downtrend finally bottomed out near $11.90, now serving as a crucial support level. Since then, INJ has recovered toward $13.80 but faces resistance just above at $14. This zone has frequently impeded rallies in the past week. If bulls can overcome it, prices may surge towards $15. However, if they fail to push through, sideways trading might continue. Market Indicators show a notable decrease in volume, dropping from the August rally’s peak to 30 million. This suggests fewer traders are actively participating right now, requiring a significant increase in activity for a breakout to occur. Open interest currently stands at 2.56 million, indicating that leveraged bets have decreased. Shorts still outweigh longs with 3.81 million short positions compared to 3.17 million long positions. This suggests caution but also presents potential for a short squeeze if price breaks through resistance. The Injective price outlook in the next 24-48 hours is intriguing: $14 on the upside, and $13.50 as a downside level to watch. A breakout above $14 could propel bulls towards $15 or even $15.50. However, if prices fall below $13.50, INJ may revisit the $12.50 area. **In conclusion, Injective seems to be stabilizing after last week’s sell-off. The next 24-48 hours will reveal whether buyers possess the strength to regain control or if INJ remains stuck in its current range. **