Passed — no trade

The 01:15 UTC 15-minute candle did reject developing VAH at $64,991, but the short would enter directly above the VWAP/dPOC support cluster near $64,880 and the reaction was poor: only 5.9 BTC volume with weakening OI. Using a buffered stop beyond the $65,029.4 wick and the honest major objective at pdL/pdVAL near $64,559 gives only about 1.9:1 R:R, below the required 2:1, so the setup is passed despite bearish CVD/delta context.