Passe — pas de trade

The 07:30 UTC 15m candle did reject developing dPOC $65,265.5, but the short fails the stricter bar required after two consecutive losses: 4h CVD and 5m delta both confirm upward participation, while OI is flat with a short-covering backdrop rather than showing trapped new longs. The honest next structural objective near VWAP/pdEQ also does not provide a clean ≥2:1 payoff with a stop given room beyond the $65,300 sweep high.