Passed — no trade

The trigger is a 30m rejection of the developing wVAH ($64,337) — but that level sits in a cluster with pwPOC $64,114.5, mPOC $63,916.5 and daily VWAP $64,043 immediately below, so a short from $64,191 has no clean room: T1 would be almost at entry and the honest next major level down (wPOC $63,674 / wVAL $62,744) is behind a stack of supports, while the stop must sit above $64,470 — sub-2:1 with the invalidation off the day high. Directionally it is also conflicted: CCV bias is short but OI is in a healthy uptrend, funding is flat and price just closed a strong up 4H reclaiming VWAP and the pwPOC area after sweeping $62,640. With two consecutive losses on this book I require a stricter read than a single mid-value rejection candle.