Passed — no trade

The swept level is the developing day POC ($80,620.5) in the middle of today's developing value (VAL $80,472 to VAH $80,727). Price has rotated around it all morning, so it acts as a magnet, not a level the market defends, and a $22.9 wick into it is normal chop inside value rather than a swing failure of an obvious high or low (#172). The rejection is poor: 4 BTC of volume and a candle that closed down (O 80,651 / C 80,641.4). The 'confirming_up' delta comes almost entirely from one 76 BTC print at 12:26 in the previous candle, not from absorption at this wick. The context leans bearish: daily and 4H closed down, lower highs on 4H and 1H, CVD bearish divergence (-43 BTC), 24h open interest backdrop a strong downtrend. The stop at $80,436 also sits just above the previous day's low / day low / day VAL zone ($80,387), the obvious liquidity target if price keeps rotating, so it would likely be hit by noise before T1. A better long would be a fresh sweep and reclaim of the previous day's low.