$INJ remains in a short-term downtrend after a strong selloff, with price stabilizing around 5.30–5.40. Momentum has slowed, showing a potential base forming but no confirmed reversal yet.

Buyers defended the 5.31 low, but follow-through is weak. A break above 5.46 would be the first sign of strength.

Failure to hold 5.33 risks a retest of the 5.29 support.