Passe — pas de trade

STATE shows 4 consecutive losses on this book with a fresh L·L·L streak — the rule mandates a pass this tick regardless of setup. Even setting that aside, the fired level (dPOC $64,878.5) is a Tier-2 developing POC sitting right in the middle of tightly overlapping value (VWAP $64,902, dVAL $64,812, D-Open $65,014 all clustered within ~$200), which is fair-value mid-range chop, not a strong location; volume on the reclaim candle is trivial and CVD shows a bearish divergence contradicting a long. No clean, high-conviction setup — stand aside.