Passed — no trade

The gate fired on a 5-minute close through the developing POC ($77,775.5) — but a 5m close is never a valid trigger, and the most recent CLOSED 15m candle (01:30 UTC, O 77,747.9 / C 77,784.1) is a tiny inside candle that neither broke nor rejected any level; there is no 15-minute trigger. Location is also the worst kind: price is pinned in a $30 band between dPOC $77,775.5, VWAP $77,781.1, dVAH $77,800.0 and D-Open $77,801.6 — POC chop, the method's explicit no-trade zone — on near-zero overnight volume. Signals conflict too: 4h CVD bearish divergence and 5m delta negative against an up-close, funding slightly negative, OI up after a -3.9% day, so there is no corroborated directional read.