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Technical analysis by Filnft about Symbol INJ: Sell recommendation (6/1/2025)

https://sahmeto.com/message/3571289
Filnft
Filnft
Rank: 25958
0.9
Sell،Technical،Filnft

Just recently hopped into a short trade on inj.Targeting 11.2 area.The weekly candle currently is printing a bearish engulf with big top wick rejection and there is quite a lot of volume behind it.30 min structure flipped back bullish at 4hr HH point. The very least I anticipate a new 4hr lower low confirmation around 11.78 - 4hr candle needs to close below that price to confirm the new LL. Am anticipating a more aggressive flush though, maybe within last 2hrs of the day.THe analysis is done. All that is needed to do is nothing. Except monitor tp areas for potential early closure.

Translated from: English
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Signal Type: Sell
Time Frame:
30 minutes
Price at Publish Time:
$11.9
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