Passed — no trade

The gate's trigger is a 15m close back below pdVAL ($63,464) — but it is a 3.4 BTC, near-zero-volume drift close in dead post-NY hours, not a rejection with any reaction quality: Delta 5m is flat (+1.4 BTC/30m) and OI is falling on 4h (short covering), so there is no aggressive-seller confirmation at the level. Price has already spent the last seven hours chopping in a $63,200–$63,510 band beneath pdVAL, so this is not a fresh loss of the level but the middle of a coil sitting directly on developing dVAL $63,329 / dLow $63,200 / pwVAL-area support — shorting here is fading momentum into support, which the method forbids, and the honest downside objective (pmVAL $62,390) sits below a stack of untested supports. With one loss already on this book today, this poor-reaction, low-volume trigger does not clear the bar.