Short $INJ at 8.04 resistance. 7.59 is the target. 8.29 breaks, I'm out of the idea. 👀
What I've got:
- 4H price at 8.02 is above EMA50 at 7.87, a counter-trend setup.
- 3.3% to the stop, 5.3% to TP3, gives a decent risk-to-reward.
Entry 7.997–8.041 (short)
Targets 7.859 → 7.752 → 7.591
Invalidation 8.286
Not advice. Your risk.
What I've got:
- 4H price at 8.02 is above EMA50 at 7.87, a counter-trend setup.
- 3.3% to the stop, 5.3% to TP3, gives a decent risk-to-reward.
Entry 7.997–8.041 (short)
Targets 7.859 → 7.752 → 7.591
Invalidation 8.286
Not advice. Your risk.
