Passe — pas de trade

This is not a real swing failure at pdH. It is a thin pullback into a level price had already broken. At 21:30 price broke above pdH $80,694 on about 386 BTC, ran to $81,179, and was rejected straight back. That spike top is today's high, and the proposal uses it as T1, so the first target is the exact spot where sellers just won. Now price has drifted back down to pdH. The sweep went only $16.2 below the level, barely over the $15 minimum. The whole 15m candle traded 8 BTC, the 22:35 5m dip traded 5.2 BTC, and it was late in the US session. That is a dip with no volume behind it, not a stop run. The candle also closed below its open ($80,790.6 to $80,759.5), so the rejection is weak. The 5m order flow is flat at -10.74 BTC on partial coverage, with no sign that buyers absorbed selling at the level. The proposed stop at $80,516 sits just above the pwPOC / dVAH cluster at $80,472, so a normal deeper retest of the breakout area would stop the trade out before the level is really tested. Rising OI and CVD favour longs, but the trigger itself is too weak, so I'd rather wait for a proper sweep and reclaim of $80,472–80,694 with real volume, or acceptance back above $81,179.