Passe — pas de trade

The fired level (dev-week VAL $78,814) is a developing intraday-grade edge, and the 04:00 30m close below it is a marginal 53-dollar break inside a $78,627–$79,423 chop — not a clean HTF level-reaction, and price sits directly on top of the week low $78,627 / month open $78,511 support cluster, so a with-trend continuation short into that support is forbidden and no trend exists anyway (4H/daily is sideways after a strong up week). Next real level below is pmVAH $77,682 / mVAL $77,095, but with invalidation needing to sit above $79,423 the honest R:R to T2 is under 1:1. No confirmed structure change and no swept-and-reclaimed level, so there is no short trigger worth taking against my open long runner.