I’m watching $INJ as it pulls back to 5.76 after a spike to 6.19. If the price continues to drop, we may see a good entry point.
Entry Zone: 5.60
Target Point(s): 5.90 - 6.00
Stop Loss: 5.45
This setup works because the price is retracing from a recent high of 6.19, and we’re seeing a healthy correction. With strong support near 5.49, I expect the price to bounce back. The stop loss is placed below the recent low to minimize risk. Keep an eye on volume for confirmation.
INJ
5.65
+1.25%