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Price is sitting right on the developing day VAL ($62,850) / just above the day low ($62,738) after a fast 1H flush from ~$63,570 — i.e. price has just been driven INTO a support region, not reacting away from it. There is no confirming trigger: no reclaim close back above VAL/VWAP and no failed-auction/SFP reclaim of the day low, while CVD, 5m delta and OI are all confirming_down. Taking a continuation short here would be fading momentum straight into support (forbidden), and there is no bullish reclaim close to justify a long. Missing the trigger — this is a watch for either a reclaim close back above ~$62,850 or a sweep-and-reclaim of the day low.

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