VWAP bounce setup that failed due to selling pressure. Entered $4.78 anticipating test of VWAP at ~$5.65. Setup invalidated when selling pressure accelerated through support levels. Technical issue: Pre-market algo stops don’t execute on IBKR, requiring manual limit order intervention. Intended stop at $4.55 resulted in actual exit at $4.32 due to fast-moving price action during manual order placement. Net slippage: $0.23 per share. Lesson: Pre-set manual limit stops for pre-market trades.