$INJ is looking decent again after that nasty flush earlier.
We bounced off 5.16, reclaimed the yellow 25 MA around 5.39, and now holding 5.42 with a little green candle and volume steady. Price is curling above the short-term averages, bids are holding the mid-5.30s, and the bleed feels done for now. Layer1/Layer2 names are quietly stabilizing while everything else chops—feels like a spot for a bounce play.
I'm going LONG INJ here.
Entry: 5.40 – 5.45 (current levels or add on a dip to 5.35)
Stop Loss: 5.28 (below the recent low, ~3-4% risk—cut it quick if lost)
Targets:
1st → 5.60-5.65 (quick 4-5%, peel 40%)
2nd → 5.85-5.90 (back to resistance, scale out heavy)
3rd → 6.10+ if shorts cover hard (trail the rest)
Hold 12-36 hours easy. R/R is solid 1:4+ and the downside looks capped while BTC chills.
Trade your plan, size small, but yeah… this one's begging for a snapback 📈
(Short it only if 5.28 dumps clean, but right now the bulls are stepping in)$INJ
