INJ, Pearl, PEPE Nearing Fibonacci Decision Points in Mid-November

Three altcoins—Injective (INJ), Pearl (PEARL), and PEPE—are positioned for potential price movement in the second week of November. Each is trading within 8% of a key Fibonacci resistance level.

Over the past seven days, INJ and PEARL gained 14.6% and 14.2%, respectively, according to CoinGecko. PEPE rose 3.8% and is testing a ceiling that has held for ten months.

INJ Rallies After Bouncing Off Triple-Tested Support Line

INJ shows a bullish structure in its daily trading data. Sellers rejected the token in October when it hit the $8.60–$8.95 range, shortly after it reached a local high of $9.417. A roughly 27% correction brought INJ down to $6.867 on November 3, the 0.382 Fibonacci retracement level, which sits on an ascending support trendline that also held on September 4 and September 16. The same level capped INJ's price in early June, turning former resistance into support. Since that low, INJ has recovered about 18%. A break above $8.75 could prompt a retest of the October high, about 16% above current levels. The RSI currently stands at 55, cooling after a strong uptrend. Volume is declining as the price consolidates, which may point to accumulation. Institutional attention has grown since Pineapple Financial began moving its mortgage portfolio onchain via Injective. A daily close below $6.867 would invalidate the bullish setup.

PEARL Consolidates Below the 0.618 Fibonacci Level

PEARL's price action is best read from its 4-hour data, given its shorter trading history. The token rallied nearly 30% from a low of $1.35 on November 3. It now trades at the 0.5 Fibonacci retracement of $1.731. Sellers rejected PEARL at the 0.618 level of $1.8225 earlier this period and again in early November. Support lies at the 0.382 retracement of $1.640, aligned with an ascending trendline. A breakdown could open the 0.236 level at $1.528. Volume is fading, and the RSI is a neutral 53. A decisive move out of the $1.64–$1.82 range will set its short-term direction.

PEPE Accumulates Under a 10-Month Ceiling

PEPE appears to be in accumulation just below the 0.618 Fibonacci retracement at $0.00000534, a zone that has capped rallies since January 2026. The token was on last week's list while testing the same area. In September, PEPE led a meme-coin breakout before retreating below this resistance. Volume spiked on October 29 but ended with a long upper wick, marking a failed breakout. Activity has since fallen to low levels. The RSI stands near 60, in bullish territory but not yet overbought. A confirmed break above $0.00000534 could send PEPE toward the 0.786 level at $0.00000618, a 22% gain. On the downside, support sits at the 0.5 retracement of $0.00000474. All three altcoins are trading near decision levels. Volume confirmation on a breakout will likely determine whether next week brings continuation or another rejection.