Injective ($INJ ) To Soar Further ? Key Harmonic Pattern Signals Potential Upside Harmonic Pattern Hints at Bullish Continuation

A closer analysis of the chart shows $INJ forming a bearish ABCD harmonic pattern — a structure that often signals trend continuations or reversals near significant Fibonacci levels.
The pattern began in April, when INJ rallied from point A near $6.30 to point B at $13.80 in early June. After this rally, the token retraced to point C around $8.98 by late June, before beginning a steady climb once again.
Now trading near $14.23, INJ has recently bounced from the 200-day moving average, which sits around $12.77 and has acted as a critical support level. The final leg of the ABCD formation, extending from C to D, is still in progress and points toward a potential 1.41 Fibonacci extension near $18.10 as the completion zone.
What Lies Ahead for INJ
If INJ maintains its hold above the 200-day moving average and sustains buying momentum, this setup suggests the token could rise another 27% toward the projected target at $18.10 before the pattern completes.
While minor pullbacks are possible along the way, the overall structure remains bullish as long as INJ stays above the 200-day moving average.
$INJ
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