Passe — pas de trade

The 15m candle closing 01:15 rejected pdEQ/pwVAL/dVAH on a wick to the dev day high, but the "rejection" is on 16 BTC in a dead overnight session with no delta response (Delta 5m still reads confirming_up, i.e. aggressive flow is against the short) and flat open interest — a poor-quality reaction at the level. Price is also sitting essentially on daily VWAP $76,438.7 / pdPOC $76,384.5 in the middle of a tight 76,180–76,580 balance, so any short's first objective (dVAL/dLow ~76,180) against a stop above 76,580+ fails the 2:1 floor (~1:1.4). No clean setup: reaction quality and R:R both block it.