For an extended period, price action for Injective Protocol (INJ) has been delivered within internal bearish structures, defined by the classic sequence of lower lows and lower highs. This bearish delivery remained intact for a considerable time, with upside attempts consistently developing as corrective moves only. As long as the market continued to form new internal lower highs and re-enter the downside flow, bullish impulses failed to transition into sustainable continuation.

The current structure, however, reflects a different dynamic. Price has now moved beyond these internal bearish structures and transitioned into internal bullish structures. From a structural and delivery perspective, this development represents a Change in State of Delivery (CISD), which is highlighted on the attached chart by the blue horizontal line. This level marks the point at which bearish continuation ceases to dominate and bullish intent begins to emerge through structure.

Injective Protocol technical analysis

INJUSD - 1 Day Time Frame

Although the internal structural shift is already visible, the bullish scenario still requires disciplined confirmation, consistent with other structured setups. Validation depends on the market’s ability to hold and respect the new delivery. In practical terms, the key signal is acceptance above the CISD level and subsequent price development from this area. This would indicate that the internal bullish structure is no longer merely transitional but is beginning to function as a continuation framework on the daily timeframe.

If the CISD level continues to be respected and bullish structure is allowed to develop, conditions may align for a buy-side scenario with a defined risk framework. In this context, the internal minimum remains critical. A move below this internal low would undermine the bullish structure and suggest that the attempted shift in delivery may have failed, rather than transitioned into continuation.

Injective Protocol price target

Provided bullish delivery remains intact, the most natural objectives lie at the Buy-Side Liquidity levels. These zones typically act as magnet areas once the market transitions into bullish continuation, as price often seeks liquidity in these regions. As long as INJ maintains its internal bullish structure above the CISD level, progression toward these Buy-Side Liquidity zones remains the primary scenario.

Conversely, failure to hold the CISD level and a return to bearish structural delivery would indicate that the setup has not fully matured. In such a case, the bullish shift would remain unconfirmed, and the market could still be in a transitional phase rather than having completed a definitive change in delivery.