$INJ /USDT SHORT TRADE SETUP – REJECTION FROM SUPPLY ZONE!
$INJ is showing a clear bearish reaction after multiple failed attempts to break above the $12.43 resistance. The price is now trading at $11.79, with a strong rejection candle from the supply zone and a shift in momentum to the downside. The structure suggests a short-term correction is likely.
Trade Setup (SHORT):
Entry: $11.78 – $11.98
Target 1: $11.40
Target 2: $11.10
Stop Loss: $12.45
Why Short?
Price attempted to break above a descending channel and retest the resistance but failed near $12.43. The high-wick candles and shift back below $12.00 suggest a liquidity grab and exhaustion. Volume is declining, and sellers are regaining control below the key horizontal level.
Risk Management Tip:
Stick to your SL above $12.45 — a break above invalidates the short thesis. Use partial profit booking near $11.40 and adjust your stop accordingly.
Don’t let this opportunity fade — trade the breakdown, not the bounce!
Stay ahead of the reversal — the trend shift has already begun!
buy and trade here on $INJ