#resistancereaction
resistancereaction
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$INJ is testing a heavy supply area, sparking a bounce vs rejection decision zone ๐ฅ
Entry: $5.46 โ $5.47
Stop Loss: $5.50
Target: $5.39
Target: $5.33
Target: $5.32
The market is watching this zone closely as the bounce has already delivered and price is approaching a resistance cluster. Traders are waiting to see if buyer momentum will slow down, leading to a potential rejection and retracement.
Not financial advice. Manage your risk.
#INJ #ShortSetup #ResistanceReaction
๐ผ
Entry: $5.46 โ $5.47
Stop Loss: $5.50
Target: $5.39
Target: $5.33
Target: $5.32
The market is watching this zone closely as the bounce has already delivered and price is approaching a resistance cluster. Traders are waiting to see if buyer momentum will slow down, leading to a potential rejection and retracement.
Not financial advice. Manage your risk.
#INJ #ShortSetup #ResistanceReaction
๐ผ
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