Passed — no trade

Price is pinned to the developing dPOC ($62,583.5) and daily VWAP ($62,484) — this is fair value / the middle of the range, exactly where the method says NOT to open new positions and to stay patient. The "trigger" (5m closing $1.20 below the dev POC) is noise, not a meaningful reject or reclaim of a settled level. There is no obvious swept prior swing, no settled POC/VAH/VAL interaction, and the 1m/5m tape is choppy and flat (Delta 5m flat, 24h barely -0.7%), so there is no established intraday trend to join either. Condition (b) — a level worth trading in reach — is missing: I would be trading the POC itself, which is forbidden.