Short $INJ : watching 7.927–7.973 on the 4H
Sellers need to defend this zone. I’m seeing pressure below the 4H EMA50. If it reclaims 8.22, I’ll drop the idea.
Price 7.95 sits below the 4H EMA50 (7.95), sellers still have the trend. Stop 3.4% away, TP3 5.5% away, roughly 1.6R to the last target.
SHORT zone 7.927–7.973 | targets 7.786, 7.676, 7.511 | stop 8.224
Does 7.95 hold or break?
Not advice. Your risk.
Sellers need to defend this zone. I’m seeing pressure below the 4H EMA50. If it reclaims 8.22, I’ll drop the idea.
Price 7.95 sits below the 4H EMA50 (7.95), sellers still have the trend. Stop 3.4% away, TP3 5.5% away, roughly 1.6R to the last target.
SHORT zone 7.927–7.973 | targets 7.786, 7.676, 7.511 | stop 8.224
Does 7.95 hold or break?
Not advice. Your risk.
