Passed — no trade

The gate fired on pdVAH ($64,738.0) with a 5m wick-above/close-below, but this is a marginal, low-conviction location with conflicting signals rather than a clean setup. Price is churning right at pdVAH/dVAH/dVWAP in a tight sub-$100 chop zone on almost no volume (5m trigger candle only 3.5 BTC), which is not the obvious, stop-rich major swing an SFP/failed-auction requires. More importantly the signals conflict: the 1m/15m/1H last-closed candles are all UP, CVD shows bullish divergence, 5m delta is confirming_up, and the day just ripped +3.6% off the lows — so aggressive flow is fading, not confirming, a bearish rejection here. The CCV short_bias is the only bearish input and is not enough to fade an active up-move into a minor developing edge. No corroborated trigger — pass.