$INJ remains below its medium-term value. The broader structure continues to favor sellers. Momentum remains balanced with neither side gaining a clear edge. Volatility contracting — market coiling. Structure showing cracks, but reversal not confirmed. Path of least resistance is lower unless resistance holds.

Setup type: Short
Entry: $4.6563-$4.6797
TP1: $3.6800
TP2: $3.1860
TP3: $2.6920
SL: $5.1620