The analysis focuses on Injective Protocol (INJUSDT) using a 4-hour Binance chart. It highlights the Coinbase low at $8.20 and references a similar pattern to the FET chart. The analyst had marked the October 10th low as potentially meaningful, suggesting it could lead to a B-wave rally or a C-wave to new highs. The chart crashed down to $2.80. The analysis identifies $12.50 as a key resistance level. The price came down in 3 waves, reacting exactly to the 38.2% retracement. The next objective is to form a micro five-wave move up. A micro support area is placed at $7.15 for direct upside continuation. Resistance is expected around $9.05-$9.10, with a larger resistance at $12.50.