Passed — no trade

The gate fired on a 5-minute close back above the Month Open ($78,511.5), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (15:15 UTC) closed DOWN at $78,398.1, i.e. back BELOW the month open, so there is no 15-minute confirming close through or rejecting the level. Price is also pinned between VWAP $78,530 / M-Open $78,511 / dPOC $78,350 — the middle of the developing value area, a no-trade zone — with the day still one-time-framing lower off $79,423 while CVD/delta read up, a conflicted read. Missing element: the confirming 15m trigger.