Passe — pas de trade

The 02:30 UTC 15m candle did close through pdVAH $65,127, but the break had very low volume and the 5m delta shows bearish divergence rather than aligned participation; current price has also slipped back below the level without a closed 15m rejection/reclaim. With two consecutive losses, this does not meet the stricter bar despite price remaining above VWAP and 4h OI being constructive.