Passe — pas de trade

The closed 10:15 UTC 15m candle lost the Tier-1 pdVAH/pdH cluster near $63,047 and price is now retesting it, but the reaction lacks quality confirmation: 5m delta is flat and OI is declining rather than showing trapped longs. With a properly buffered stop beyond the trigger high near $63,305, the next honest major objective at the $62,726 day open offers only about 1.25:1 R:R, below the 2:1 floor.