$INJ is up 3.7 percent and everyone wants in right now
Look at the mechanics of this move before you market buy
Price is sitting at 7.9800 which is 72 percent through the daily range
The 24h volume is only 0.8x the weekly average so this is not heavy institutional money driving it
That means the people selling to you at this height are the ones who bought the swing low at 7.5270 and want their quick profit
You are buying their exit while momentum is already cooling off with a 1h RSI at 61
Chasing a pump when volume is weak just hands your cash to early buyers
Wait for the retest or look for a clean range instead of paying the highest price of the move
Tap $INJ and check the hourly chart yourself
What is your actual rule for ignoring a green candle
#INJ #TradingTips
Look at the mechanics of this move before you market buy
Price is sitting at 7.9800 which is 72 percent through the daily range
The 24h volume is only 0.8x the weekly average so this is not heavy institutional money driving it
That means the people selling to you at this height are the ones who bought the swing low at 7.5270 and want their quick profit
You are buying their exit while momentum is already cooling off with a 1h RSI at 61
Chasing a pump when volume is weak just hands your cash to early buyers
Wait for the retest or look for a clean range instead of paying the highest price of the move
Tap $INJ and check the hourly chart yourself
What is your actual rule for ignoring a green candle
#INJ #TradingTips