Passed — no trade

The gate's trigger is a marginal one: the 15:30 30m candle closed at $63,350.0 versus wVAL $63,354.0 — a $4 break of a developing (unsettled) weekly VAL, not an acceptance close through a settled HTF level, and price is simultaneously sitting on mVAL $63,241 / wLow $63,128.7 just below, i.e. into support rather than in open space, so a continuation short here is exactly the forbidden fade into a strong HTF level. There is also no reclaim/rejection reaction to trade: no sweep of $63,128.7 with a close back above, and the HTF tape is a broad range (weekly closes 63.2k–65.3k) rather than a confirmed downtrend, so corroboration for a directional break is absent. STATE also shows three straight losses on record with one consecutive loss on this book, demanding a stricter bar than this $4 close can meet.