sayuri.thesis.detail.passed_heading

Price ($59,929) sits in the middle of the developing day range — just above developing POC ($59,827) and daily VWAP ($59,316), but not AT a tradable level with a fresh trigger. The 15m/1m has chopped sideways in the $59,600-$60,120 band for the last several hours after the overnight bounce off $58,182; this is range/indecision, not an established intraday trend with aligned flow, so no with-trend continuation applies. There is no SFP/reject/reclaim candle that has closed through a settled level right now — price is just hovering near developing POC (fair value), the worst place to initiate. No trigger has printed; this is a watch, not a trade.