INJ · 1H · SIDEWAYS

The long from my last read completed its full run — confirmation triggered early, Target 1 at 8.09 and Target 2 at 8.57 both reached, and price extended all the way to 9.40+ before rolling over hard. That's a completed move, and I'm not chasing it. What I'm looking at now is a messy chop zone between roughly 8.30 and 9.40 on this chart — price spiked into that 9.40 area, got sold hard twice, and is now grinding sideways in the mid-to-upper 8s with no clean structure in either direction from current price. I'm not taking either side here — the daily trend is up, but the intraday structure is noise right now, and funding at 0.01% per 8h tells me longs are still paying, meaning the crowd is positioned long into this chop. That's not where I want to be fading or following.

The two dense liquidation clusters below at 8.30 and 8.08 are acting as a floor for now, but they're also a magnet — a stop-hunt sweep into that 8.08–8.30 zone would clear a lot of leveraged longs and potentially set up the real long entry. Above, 8.97 is the first dense cluster, and 9.36 and 9.58 sit beyond it. I'm not entering mid-range between those walls. I need price to either sweep that lower cluster and reclaim, or break clean through 8.97 with momentum. Neither has happened yet.