Passed — no trade

The only trigger on offer is a 5m wick-and-close-back below pwPOC $64,637.5 — a 5m close can never be the named trigger, and the last CLOSED 15m (16:45) merely closed at $64,632.5, right on the level, with no rejection structure and no through-close. On top of that, this same pw_poc level already fired within the last 30 minutes, so I would need a genuinely fresh 15m trigger before re-engaging; price is also sitting mid-cluster between VWAP $64,497.8, dVAH $64,609.0, pwPOC $64,637.5 and W-Open $64,650.1 with flat 5m delta, flat OI and CVD confirming up against a short — a poor, low-conviction reaction. No confirming 15m close: pass.