$INJ SHORT SETUP ... PRICE IS TESTING A STRONG REJECTION AREA
INJ has already made a powerful move from around 7.05 to the 8.50–8.56 resistance area.
That rally is strong, but this is exactly where I would stop chasing longs.
Short Entry: 8.30–8.60 (Filled)
Next Price: 8.20
TP1: 8.00
TP2: 7.80
Final Target: 7.65
SL: 9.00
The structure is starting to look stretched after the sharp recovery, and price is now sitting directly under resistance.
If buyers fail to break 8.56 cleanly, I expe
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