@josamvnzhxua
Injective’s on-chain derivatives volume surged past $200 M daily, propelling price from $9.50 to $12.00. Open interest stands at $350 M, near all-time highs. INJ has formed support at $9.45 and resistance at $13.09. We forecast a $9.45–$13.09 trading band over the next month; breaking above $13.09 would target $15.00, while a breach below $9.45 could revisit $8.00.