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This wave of $INJ short position exited more cleanly than expected.
A few days ago, many people were still waiting for a rebound to push higher, but I felt something was off. The high didn't hold, the pressure was obvious, and after the price dropped from 4.849, the rhythm turned bearish.
Now at 4.762, profits are already locked in, +88.39% in hand.
This isn't hindsight bragging—the feeling during the session that it couldn't go up and volume couldn't hold was something any experienced trader would recognize. I had noticed this level earlier, but there was no need to be overly vocal.
As for the position, I handled it according to the short position rhythm—taking profit on 80% first, and letting the remaining 20% continue to extend.
The protective stop has already been moved down to prevent profits from being taken back by the market.
If you missed the entry, don't chase. Chasing a drop often leads to getting washed out by a rebound. Wait until the next clear structure emerges.
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