Passe — pas de trade

The 13:50 UTC 5m candle did reject the settled pdPOC at $64,637.5, but entry near $64,236 is already pressing into the developing day POC at $64,127.5, so the short would fade momentum into immediate support. With a buffered stop above the $64,670.4 rejection wick near $64,800 and an honest T2 at developing VAL $63,671, R:R is only about 1.0:1, while confirming-up 4h CVD and healthy 4h OI conflict with the bearish 24h backdrop; corroboration and payoff quality are missing.