Passe — pas de trade

Pass: price is sitting in the Tier-1 pmVAL $62,390 / pdL $62,341 support cluster, so a continuation short would be directly into major support, while no closed 15-minute candle has reclaimed/rejected that cluster to trigger a long. The 19:30 UTC 15-minute close below pmVAL is not yet a tradeable retest and is weakened by flat 5-minute delta, falling 4-hour OI, and conflict between confirming-down CVD and the CCV long bias.