$INJ

Price is around 5.54, and what INJ is doing right now looks like a tired bounce.

What stands out:

• It keeps getting rejected near the MA 25

• Buyers look weaker every time they push up

• The trend hasn’t shifted, even with the bounce from 5.02

My take:

INJ is in a neutral-to-bearish zone. If it can’t break 6.20, this stays in the downtrend.

Key levels:

• Resistance: 5.95 – 6.20

• Support: 5.20 – 5.00

A daily close above 6.20 is where trend strength starts. Without that, INJ is just ranging inside a downtrend.

@Injective #injective #Injective

INJ

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