Whales Load Up on INJ as Retail Fades

The price of INJ is currently trading at $5.17 in what appears to be a 'compression coil' setup, characterized by momentum that has flatlined and retail investors leaning towards short positions.

However, smart money, consisting of institutional desks and whale accounts, is quietly accumulating long exposure, with over 54% of the global long/short book positioned in favor of the rally.

The top traders are positioning themselves for a potential breakout above $5.40, which would target $5.91 if successful.