Passe — pas de trade

The fired level is the developing dVAL at $79,505 and the 15:45 15m candle only tagged it by $0.30 and closed back below — that is a failed reclaim attempt from underneath, i.e. price is still BELOW value with dVAL acting as resistance, not a rejection trigger I can act on: the "trigger" is a 0.3-dollar wick, not a genuine test, and the reaction quality is poor (12.5 BTC on the candle, 5m delta flat at -4.6 BTC, OI falling -1.48% on the drop = shorts covering, not new sellers). A continuation short is also blocked: price has bounced ~790 from the day low $78,592 and is sitting mid-air between dVAL above and the M-Open $78,511.5 / W-Open $77,650.6 supports below, with no fresh 15m low printed — the last two hours are higher lows, so the down-leg is in pullback, not confirmed continuation. Missing element: a genuine confirming trigger with acceptable reaction quality.