Passed — no trade

The gate fired on a 5m close below pdEQ ($63,331.6), but a 5m close is never a valid trigger on this book and no 15m candle has closed through the level — the most recent CLOSED 15m (04:00 UTC) actually closed UP at $63,317.0 after wicking the day low $63,183.3, i.e. it is a bounce candle, not a bearish confirmation, and the 04:15 candle is still forming. Signals are also mixed: 4h CVD confirming down and OI building, but 5m delta is confirming up off the low with price hugging dVAL/VWAP/D-Open in a tight overnight balance ($63,183–$63,534) — chop, not a trend, and price sits between pdVAL/pdPOC support and the day high with no clean location. No 15m trigger, no corroboration: pass.