Passe — pas de trade

Pass under the stricter two-loss bar: although the closed 07:00 UTC 15m candle rejected Tier-1 pwVAH $65,188, the reaction is already contradicted by the 07:20 5m close back above it, confirming-up 5m delta, and bullish local structure. Bearish 4h CVD divergence and short-covering OI do not overcome the failed reaction quality, so corroboration is conflicted rather than clean.