$INJ - Short selling configuration
The short position still seems to be the easiest route, with the hourly trend being bearish and the price trading below both moving averages on the short-term charts. What makes me hesitate is the trigger itself, which is not yet fully confirmed; therefore, I consider it more of a trend than a setup. If the price rises above 7.41, this hypothesis weakens.
Entry: 7.41 - 7.43
Stop loss: 7.54
Price targets: 7.29 - 7.19 - 7.09
⚠️ Personal market analysis, not investment advice. Do your own research (DYOR).
The short position still seems to be the easiest route, with the hourly trend being bearish and the price trading below both moving averages on the short-term charts. What makes me hesitate is the trigger itself, which is not yet fully confirmed; therefore, I consider it more of a trend than a setup. If the price rises above 7.41, this hypothesis weakens.
Entry: 7.41 - 7.43
Stop loss: 7.54
Price targets: 7.29 - 7.19 - 7.09
⚠️ Personal market analysis, not investment advice. Do your own research (DYOR).
