Passed — no trade

The gate fired on a 5m wick-and-close-below VWAP, but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (10:15 UTC) closed UP at $63,278.1, giving no 15m rejection or reclaim close at VWAP $63,331. Price is also pinned in the middle of a tight dPOC/dVAL/VWAP cluster ($63,186–63,491) — a no-trade mid-value zone with flat 5m delta (-1.5 BTC) and no delta response, while CVD shows bullish divergence and CCV bias is long, contradicting a short here. Missing element: the confirming 15-minute trigger.