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The 2026-07-13 03:00 UTC 30-minute candle did close below developing wVAL at $63,163, but that breakdown runs directly into the $62,700.5 previous-month POC, $62,696.5 daily naked POC, and $62,518 prior-week VAL support cluster, so a continuation short is forbidden at this location. No 30-minute reclaim/rejection trigger has closed from that support, while CCV remains long-biased and weakening OI makes the selloff less corroborated; the required clean trigger and aligned confluence are missing.

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