Passe — pas de trade

The 16:00 UTC 15m candle did reclaim the tradeable pdPOC at $64,074.5 after wicking below it, but the reaction fails the stricter quality bar required after two consecutive losses: volume was only 0.9 BTC, 5m delta is flat, and OI is declining in a short-covering backdrop. The level and structural close exist, but participation/corroboration is missing, so pass.