Passe — pas de trade

Pass under the stricter two-loss bar: the 09:15 UTC 15m candle did wick below VWAP $65,091.6 and close back above at $65,092.6, but the reclaim was only $1 and price has already slipped back below VWAP, while 4h OI is flat and the 24h rise is short-covering—too weak a reaction despite bullish CVD/5m delta. An honest long with invalidation given room below the $65,074.4 sweep wick and the next major objective at pmVAH $65,203 offers below 1:1 R:R, and there is no closed 15m short trigger.