Passed — no trade

The gate fired on a 1-minute close below pwVAL $63,652 — but a 1m close is never a valid trigger on this book, and the last CLOSED 15m candle (01:00 UTC, O $63,565.4 H $63,785.0 L $63,565.4 C $63,599.2) closed UP, back below pwVAL after failing to hold it, offering no clean rejection shape or break-and-backtest. Price is pinned in the middle of the developing day value area between dVAL $63,513 / dLow $63,504.9 and VWAP $63,705 / dPOC $63,729.5, which is a no-trade zone, and signals conflict: CVD confirming up and OI building on the 4h against a flat 5m delta and Fear sentiment. Missing element: a confirming 15-minute close at the level.