Passed — no trade

The gate fired on a 5-minute close below pdEQ ($64,366.2), but a 5m close is never a valid trigger — the last CLOSED 15m candle (21:15 UTC, C $64,358.7) merely closed inside the chop, not a decisive close through or rejection at pdEQ, and the 21:30 candle is still forming. Price is also mid-range between dVAL/pdEQ and VWAP ($64,469) with dead volume (~5 BTC per 15m), flat 5m delta and flat OI — a poor, no-response reaction at the level. No confirming trigger, so this is a watch, not a trade.