Passed — no trade

The gate fired on a 5-minute wick-and-close-back below pdVAL $78,831 — but a 5m close is never a valid trigger on this book, and the most recent CLOSED 15m candle (10:00 UTC, O $78,684.8 H $78,693.6 L $78,607.1 C $78,665.9) never even reached pdVAL, so no 15-minute close through or rejection at the level has printed. Confluence is also mixed rather than corroborating a short: price is back above daily VWAP $78,711.8, 4h CVD is confirming_up, OI is in a healthy 4h uptrend and 5m delta is flat (+0.9 BTC) — a poor, low-volume reaction at the level. No trigger = pass.