Missed the $INJ break today… but the structure is hard to ignore.
We just saw a clean breakout from the descending channel that pattern had been capping price for a while.
Once it broke out, price came back for a retest and that level held strong. That’s usually a healthy sign, showing buyers are stepping in where resistance flipped to support.
Right now it’s pulling back a bit, which is normal after a breakout. The key is how this pullback behaves. If it holds above the breakout zone, there could be room for continuation and more upside moves.
Sometimes the best trades aren’t the first breakout it’s how the market reacts after.