Passed — no trade

Price ($59,808) has just slipped below the developing day VAL ($60,061), day POC ($60,109) and daily VWAP ($60,034) on the first few minutes of a fresh UTC day — but this is a thin, low-volume open with the day candle barely formed, so none of these are settled reference levels yet. There is no level-reaction trigger: the 15m/5m/1m closes are merely breaking down through open space, not rejecting or reclaiming a defined level, and there's no swept prior swing being reclaimed. A continuation short here would be fading straight into the week VAL ($59,474) / settled prior-day VAL ($59,468) support zone just below, which is forbidden. With Extreme Fear (15), neutral funding and CVD confirming down but no clean trigger at a tradeable level, the confirming close is missing — this is a watch, not a trade.