Passed — no trade

Two consecutive losses on this book means I need a stricter-than-usual read, and this doesn't clear that bar. The fired level is pwVAL $63,652 with a single 30m reclaim close ($63,613.5 open → $63,720.0 close), but it is a marginal ~$70 push-back inside value, not a stop-rich sweep of an obvious prior swing low — the actual liquidity (wLow $62,640, wVAL $63,500 / day low $63,509.7) sits below and is untouched, and price has been grinding lower all session (below daily VWAP $64,222, below day open, CVD confirming down, funding slightly positive, OI flat = no trapped shorts to squeeze). A long here also fades a clear 4H sequence of lower highs into the day low without corroboration, so the directional read is contradicted rather than confirmed; no valid trigger for a short at this location either.