Passed — no trade

The gate fired on a 5-minute close below the developing VAL ($78,639) — but a 5m close is never a valid trigger on this book, and the most recent CLOSED 15-minute candle (00:30 UTC, O 78,797.2 / C 78,627.9) is just a small down candle inside a 300-dollar overnight chop between D-Open/M-Open ($78,511.5) and dHigh ($78,836.2), with no close through or rejection of a tier-one level. There is no established trend either (1m/5m/15m are rotating sideways around VWAP $78,689 and dPOC $78,717), so no continuation entry exists, and this same dev_val level already fired within the last 30 minutes with negligible volume and only -9.8 BTC of 30m delta — a poor reaction. Missing element: a confirming 15-minute trigger at a level worth trading.