Passed — no trade

The gate fired on a 5m close back above VWAP, but a 5m close is never a valid trigger and no 15-minute candle has closed through or rejected VWAP — the last closed 15m (04:15) closed DOWN at $64,012.5 in the middle of the developing value area, and the current 15m is still forming. Location is also poor: price is sitting on top of dPOC $64,030.5 / dVAH $64,033.0 / D-Open $64,045.3 in a ~$180 overnight balance, which is textbook POC chop / no-trade zone, and flow is dead (Delta 5m flat +5 BTC, OI flat, sub-1 BTC candles) — a poor reaction is itself sufficient to pass. Three straight losses on this book also demand a stricter bar than this.