Passed — no trade

The gate fired on a 5-minute close below VWAP ($78,327.4), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (04:00 UTC, O $78,368.3 H $78,423.1 L $78,196.5 C $78,341.9) closed ABOVE VWAP, so there is no 15-minute trigger through or rejecting the level. On top of that this same VWAP level was already attempted within the last 30 minutes, and price is sitting mid-chop between dVAL $78,230 / VWAP $78,327 / D-Open $78,286 — a no-trade middle-of-value zone with a strong bullish daily trend (+4.55%, higher highs) contradicting the short the delta suggests. No trigger, poor location, conflicting read: pass.