Passed — no trade

The gate fired on a 15m close back below pdH ($64,008), but this is a marginal location, not a clean setup: price has been chopping around pdH / dVAL ($63,968) / D-Open ($63,814) all session, so the "break" is a low-volume drift inside a coiling range rather than a rejection of a defended high — the actual day high sits far above at $64,642, so no stop-rich level was swept and there is no tight invalidation. Confirmation is also missing: Delta 5m is flat (-6.9 BTC) with tiny volume (13.7 BTC on the trigger candle), a poor reaction, and 15m structure is not a clean downtrend (1H just printed a HH at $64,609). Selling here into dVAL/D-Open support with next real objective only ~$63,483 (dLow) against a stop above $64,200 fails the payoff floor as well.