$INJ – Failed Breakout & Bearish Reversal Setup

#INJ pushed into the $3.30 resistance zone but faced strong rejection, forming a bearish candle after the spike — suggesting a possible liquidity grab followed by downside continuation.

Trade Plan – Short

Entry Zone: $3.25 – $3.30

Stop Loss: $3.40

Targets:

TP1: $3.10

TP2: $2.95

TP3: $2.75

Structure Insight

• Strong rejection from resistance zone

• Lower high forming after impulsive move

• Momentum shifting bearish on lower timeframes

• Potential liquidity grab before continuation down

Outlook

If price breaks below support and holds weakness, continuation toward lower liquidity levels becomes likely.

A move above $3.40 would invalidate the bearish setup and signal strength returning.

⚠️ Note: After fake breakouts, volatility can be sharp — wait for confirmation before scaling into positions.