Panos Terlemezian keeps values measured and balanced, a hallmark of tonal restraint. Cool hues prevail: blues, greens, and greys anchor the palette's emotional temperature. The absence of saturated colour is itself an expressive choice: this is a palette of restraint and atmosphere. At 6.7%, #6F523E carries the palette's sharpest chromatic charge: an accent that earns its place precisely because it is withheld. The palette spans 40 value units: a measured range that delivers coherence over drama. The mid-to-high key, cool bias, and moderate chroma point to outdoor observation - sky and diffused daylight as the dominant light source. This is palette 2 of Panos Terlemezian's sequence - a single chapter in a chromatic story told across many works.