Passe — pas de trade

The 15:15 UTC 15m candle did reclaim settled pdVAH $64,714 after wicking below it, but the long reaction is weak: 5m delta is bearishly divergent, 4h OI is falling in short-covering mode, and participation is light. With an honest stop beyond the $64,610.6 sweep and T2 at pmVAH $65,203, the setup offers only about 1.7:1 R:R, below the required 2:1 floor.