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Price is grinding down into a cluster of supports (dLow $63,606, dVAL $63,636, pdL $63,504.9, pwVAL $63,652) — this is at-a-strong-level, so a continuation short here would be fading momentum into major support, which is forbidden, and no reclaim/rejection close has printed to justify a long. The only trigger is a 15m close making a marginal new low ($63,597) directly on top of pdL/pwVAL, with flat open interest and light volume — a poor reaction, no confluence for either side. With one consecutive loss on this book I need a cleaner location: either an SFP/reclaim close back above $63,652 for a long, or a retest of $64,100–64,325 (pwPOC/VWAP) for a short.

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