Passed — no trade

The gate fired on the pmPOC at $62,700.5 with a single 5m candle (05:35) closing just below it, but this is not a clean setup. First, price is sitting essentially at fair value — the daily VWAP ($62,447.6), developing day POC ($62,483.5) and week POC ($62,484.5) are all clustered right beneath price, meaning this is mid-range chop, not a level worth fading. Second, there is no coherent trigger: the 05:35 5m close below pmPOC is a lone rejection into supportive value below, while the immediately preceding structure (1H closed up, 4H closed up, CVD confirming_up, 5m bullish delta divergence) is contradicting a short — you'd be fading momentum into VWAP/POC support. No SFP or reclaim has printed at an obvious swept level, and the flow read conflicts with a directional call either way. Missing element: no clean level in reach plus conflicting signals — this is a watch, not a trade.