Passed — no trade

The gate fired on a 5m wick-and-close-back at dVAH/pdEQ, but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (13:30 UTC, O 77,980 H 78,212.7 L 77,773.5 C 77,935.3) is an inside, indecisive down candle sitting right on daily VWAP ($77,966) and dPOC ($77,987.5), not a rejection close of the level. Price is chopping in the middle of the developing value area between dVAL 77,439 and dVAH 78,122 — POC chop, a no-trade zone — with flat 5m delta (-2.2 BTC), rising OI on a mildly negative CVD and a long_bias CCV whose acceptance failed, so the directional read is contradicted rather than corroborated. No qualifying 15m trigger and no clean location: pass.