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The 05:45 15m candle did close back below pdH $64,346.1, but this is a slow drift-down through the level on near-zero volume (1.4 BTC), not a rejection with any order-flow response — Delta 5m is flat (-2 BTC/30m) and OI is barely changed, so the poor reaction at the level is itself a reason to stand aside. Structurally price is also mid-cluster: dVAL $64,339, dPOC $64,397.5 and VWAP $64,401 all sit within ~$80 of entry, so there is no clean invalidation or T2 that clears the 2:1 floor without inventing levels. Trigger technically present, corroboration and location missing.

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