Passed — no trade

The gate fired on a 1m wick-and-reclaim of daily VWAP ($65,091.6), but a 1m close is never a valid trigger on this book — the last CLOSED 15m candle (09:15 UTC) closed DOWN at $65,092.6, right on VWAP, which is a drift into the level rather than a rejection or reclaim close. Reaction quality is also poor: volume into VWAP is thin, 5m delta is only +10 BTC over 30 minutes, and OI is flat (-0.07% 4h) with a short-covering 24h backdrop, so there is no participation confirming a bounce. No confirming 15-minute trigger at VWAP, dVAL ($64,987) or dPOC ($65,265.5) has printed — this is a watch, not a trade.