Passed — no trade

The gate fired on a 1-minute wick-and-reclaim of the developing VAL ($77,240) — but a 1m close is never a valid trigger on this book, and the most recent CLOSED 15m candle (08:30, O $77,207.2 / H $77,285.9 / L $76,988.8 / C $77,258.6) is a small doji-ish bar sitting on the level, not a clean rejection close or a close through it. Corroboration is also mixed-to-negative for the long: CVD is confirming_down (-614.5 BTC), price is below daily VWAP ($77,683.6) and below the day open ($78,286.1) after the 05:00 flush, open interest is falling (-2.77% on 4h) so the move is closing rather than trapping, and 5m delta is flat (-4.5 BTC) — a poor, low-conviction reaction at the level. No qualifying 15m trigger plus weak reaction quality = pass.