Altcoin Price Analysis: INJ, AVAX, and DOT Eye Key Recovery Levels

Injective (INJ) is exhibiting technical signals suggesting a potential recovery, targeting a breakout above the $2.98 resistance level. Technical indicators show INJ reached an oversold condition at $2.81, with analysts anticipating a rally toward $3.26 if momentum sustains. Meanwhile, Avalanche (AVAX) is aiming for a short-term resistance of $9.26, with medium-term forecasts stretching between $10.35 and $12.50. AVAX maintains a critical support level at $8, which remains vital for its current upward trajectory. Polkadot (DOT) is also showing signs of a potential bounce, currently trading at $1.23 with an RSI of 32.98. This oversold reading for DOT suggests a possible move toward the $1.50 level as buying pressure returns to the broader altcoin market.