Injective price faces $7.90 resistance as hourly momentum cools

As of November 4, 2026, the Injective price trades near $7.87 on Binance , with a bullish daily structure but incomplete momentum confirmation. Price is above all three daily exponential moving averages, yet completed-candle momentum remains weaker than that positioning implies. The main scenario is cautiously bullish. Key takeaways INJ trades near $7.87 on Binance on November 4, 2026, above all three daily exponential moving averages. Daily EMA20, EMA50 and EMA200 sit at $7.64, $7.38 and $5.91, stacked in bullish order. Hourly RSI is overbought at 74.5, while the daily MACD histogram remains negative.