diff --git a/lib/parse-deps.sh b/lib/parse-deps.sh
index 4c3bc85..d784545 100755
--- a/lib/parse-deps.sh
+++ b/lib/parse-deps.sh
@@ -23,6 +23,10 @@ BODY=$(cat)
     capture { print }
   ' | grep -oP '#\K[0-9]+' || true
 
-  # Also check inline deps on same line as keyword
-  echo "$BODY" | grep -iE '(depends on|blocked by)' | grep -oP '#\K[0-9]+' || true
+  # Also check inline deps on same line as keyword (skip fenced code blocks)
+  echo "$BODY" | awk '
+    /^```/ { incode = !incode; next }
+    incode { next }
+    /blocked by|depends on/i { print }
+  ' | grep -oP '#\K[0-9]+' || true
 } | sort -un