INJ sold off hard in this round—the first thing to change wasn’t the price, but the strength of the rebound; it’s been extremely weak.

I was watching the support after the $INJ pullback. When the price went up, nobody took it; when it came down, it moved smoothly. This kind of market action is the easiest to make chasing longs feel awful. I already paid attention to this level earlier—if the price can’t hold above the high, I’m going to look for a short. After entering around 5.542, the market didn’t give much hesitation; once the level broke, the shorts took over the pace immediately.

Now it’s at 5.105, with unrealized profit of +379.73% and the move has clearly extended. This isn’t about guessing direction. It’s because I saw resistance, saw the failed pullback, and saw that the capital wasn’t willing to keep pushing higher—so I dared to hold onto this leg of the decline.

After the profits are in, I won’t blindly hold for more. For those with larger positions, you can split entries 80/20 in batches, and keep the remaining portion with a protection level to prevent a sudden rebound from wiping out your advantage.

Going short again now feels uncomfortable. If you haven’t entered, be patient—markets don’t lack volatility. Wait for the next, cleaner setup.

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