Passed — no trade

Two consecutive losses on this book require a stricter-than-usual read, and this setup does not clear that bar. The gate fired on the developing month POC ($63,916.5) via a 30m candle that wicked below and closed above — a reclaim. But mPOC is a developing intraday-recalculating level, not a strong pre-existing swept HTF structure; the level was not obviously defined before this move with clustered stops, so it is a weak sweep-reclaim location. More importantly, the broader read contradicts a long: price just broke down through the day VAL, CVD is confirming_down, the 4H is printing lower highs/lower lows off the $66,874 week high, OI is on a weakening downtrend, and price sits below daily VWAP and both day/week opens. A single reclaim close of a soft developing POC against clear near-term bearish momentum is not the higher-quality trigger required after two losses.