Contrarian take:
$INJ at 7.393 with RSI 27.89 and a 24h move of -10.195% looks oversold, yet EMA20/50 sit overhead and 48 completed 1h candles keep sellers in control.
Trade setup leans SHORT — limit entry 7.433, SL 7.835 (invalidation), ATR14 0.134 and tiered TPs 7.031 / 6.63 / 6.228 as risk-multiples.
Does a decisive break below support 7.369 with intraday volume above 14551584 validate the short?
📉 SHORT idea (Bearish, High conviction)
Entry: 7.433
Targets: 7.031 → 6.630 → 6.228
Stop-loss: 7.835
Not financial advice.
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