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$INJ Preparing to go short. This recent rebound has already pushed into a key supply zone, and bullish momentum is clearly starting to weaken. This resistance level previously triggered a fierce sell-off, and now the liquidity above is continuing to absorb buy pressure.
For entry, watch around 5.00 to 5.12. If this supply zone can hold, the next move may be to test the liquidity of the lower swing structure. Downside targets can be viewed in batches at 4.84, 4.61, and even 4.35.
Don’t chase too hard. Place your defensive level around 5.50 and be sure to control risk.