$INJ printed an impulsive rejection on the 1-hour timeframe after testing overhead supply, currently trading around $7.971.
Price is reacting to a major institutional supply band stretching between $8.500 and $8.700, while a clear liquidity vacuum and structural demand shelf sit near the lower $7.000 region.
The technical path maps out a sharp corrective flush down into the lower demand zone to rebalance inefficiencies and sweep resting buy-side order flow before the next expansion phase.
#İNJ
Price is reacting to a major institutional supply band stretching between $8.500 and $8.700, while a clear liquidity vacuum and structural demand shelf sit near the lower $7.000 region.
The technical path maps out a sharp corrective flush down into the lower demand zone to rebalance inefficiencies and sweep resting buy-side order flow before the next expansion phase.
#İNJ
