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The recent drop is critical—$INJ is not just a normal pullback, but a concentrated release after multiple failed attempts to break higher. My short position entered at 4.849, now at 4.818, with current profit +30.78%, and the trend is extending clearly.
What really caught my attention were those earlier upward pushes—volume couldn't keep up, yet the price was stubbornly holding. This kind of setup tends to flip suddenly. Many see a consolidation and expect another breakout, but I felt something was off, especially as the bounces grew weaker, indicating diminishing buying support.
Now that profit is realized, those with large positions can take partial profits in batches—don't bet it all on a single move. Keep a protective stop on the remaining position, give it some room, but don't let profits slip away.
If you missed this move, don't chase, especially on bounces—market volatility offers new opportunities every day. Wait for the next setup with stronger confirmation.
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