🚨 INJ 15M — Harmonic Setup Inside a Daily Downtrend
📌A harmonic pattern is forming on the 15-minute timeframe, but it’s developing within a larger bearish market structure ✅
📌On the 1D swing perspective, INJ remains in a clear downtrend with consistent lower highs still intact ✅
📌Price is trading below EMA50 and EMA200, confirming overall weakness and bearish pressure in the market ✅
📌POC is positioned above current price, acting as a heavy resistance zone where sellers are likely active ✅
📌RSI around 42 shows weak momentum — not oversold, meaning more downside movement is still possible ✅
📌If price moves into the red resistance zone and faces rejection, continuation of the downtrend becomes highly probable ✅
📌Final outlook: Intraday harmonic bounce possible, but overall bias remains bearish until structure flips 🔥📉
