IIIN – 30-Min Short Trade Setup !

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Ticker: IIIN (NYSE)
Pattern: Rising Wedge Breakdown (Bearish Pattern)
Volume: Weak near resistance zone

💼 Trade Plan – Short Position
🚫 Entry: $32.58 (Near wedge resistance + rejection candle)
✅ Stop-Loss: $33.69 (Above wedge and resistance wick)
🎯 Targets:

📌 TP1: $30.93 – First structure support

📌 TP2: $29.01 – Major support zone from previous range

⚖️ Risk-Reward Ratio
Risk per share: $1.11

Reward to TP2: $3.57

R:R Ratio: ~1 : 3.2 — Excellent short trade potential

🔍 Technical Highlights
Price rejecting wedge resistance

Formed a rising wedge — common reversal pattern

Weak bullish momentum near top

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