$INJ currently trades at 11.56, near the upper Bollinger Band at 11.88, indicating potential overextension.
The support level at 11.37 is crucial; a close below this could trigger a sell-off.
Volatility appears to be contracting, which often precedes a breakout or breakdown.
For risk management, consider placing a stop-loss just below 11.37 to mitigate downside risks.
Traders should wait for a clear breakout above the upper band or a reversal towards lower support before taking action.
