Passe — pas de trade

Pass: pwVAH $65,188 is in reach, but no fresh qualifying 15-minute bearish trigger has printed after the recent attempt; the authoritative latest closed 15-minute candle (08:15 UTC, O $65,173.3 / C $65,191.3) closed up through the level, while only the 08:35 5-minute candle closed back below. With two consecutive losses requiring a stricter read, flat 5-minute delta, flat OI/short-covering backdrop, and confirming-up 4-hour CVD leave the reaction insufficiently corroborated.