Passed — no trade

STATE shows 4 consecutive losses on this book (last three outcomes L·L·L) — the rules mandate that after THREE consecutive losses I pass this tick regardless of setup. Additionally, the fired level (dev POC) shows only a marginal 15m wick-and-close-below on effectively dead volume (0.2–1.6 BTC), which is a poor reaction at a mid-range fair-value level I would not trade anyway. No trade.