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.