Injective (INJ) and Sonic (S) Signal Potential Reversal Signals

Crypto market analysts are buzzing about Injective (INJ) and Sonic (S), both of which exhibit bullish divergence, suggesting a potential trend reversal amidst recent dips. The charts show INJ’s RSI and MACD showing signs of improvement after a sharp 24.88% drop to $12.84. This suggests that selling pressure may be waning, with the price approaching a critical support zone around $9.38. Traders are advised to wait for a clear reversal signal before entering positions.