Passe — pas de trade

The 00:29 UTC 1m candle did close below the developing dVAL at $64,802, but the short lacks broader corroboration: 4h CVD is confirming up, the rise is tagged as short covering, and 5m delta is flat rather than aligning bearish. An honest buffered stop beyond the local rejection area versus the next major objective at the settled pdPOC $64,637.5 produces less than 1:1 R:R, so the setup fails the payoff floor.