INJ Long Spot Trade (Range Consolidation Opportunity)
2024-12-04

Market Context:
INJ has moved into a potential consolidation zone, providing an opportunity to establish a position at support levels. The setup targets significant upside potential as the price develops within this range.

Trade Details:

Entry Zone: Ladder between $27.00 (bottom support) and $32.50 (top resistance).
Take Profit Targets:
First target: $45.00 - $50.00
Second target: $70.00 - $80.00
Stop Loss: Just below $25.00

This trade takes advantage of the expected consolidation and offers a favorable risk-to-reward ratio for potential breakout scenarios.