Passe — pas de trade

The 13:30 UTC 15m candle did print a bearish rejection of tier-one pwVAH $65,096 (also near dVAL), with CVD confirming down, positive funding, and rising 4h OI supporting the short. However, a properly buffered stop beyond the $65,129.9 rejection wick near $65,260 versus the next major downside objective at the W-Open/pmVAH cluster around $64,650–$64,599 gives only about 1.6–1.8:1 to T2, below the required 2:1 floor; nearby dLow and developing weekly/monthly value support also compress payoff.