Passed — no trade

The only trigger on offer is a 15m close marginally below daily VWAP ($75,734) after a wick at dVAH — but price is $75,725, essentially sitting ON VWAP/dPOC ($75,693) in the middle of a tight 15m range ($75,370–$76,022), i.e. the middle of value, not at a strong level. There has been no retest of the broken VWAP from below and the reaction quality is poor: 5m delta is flat (−1.7 BTC/30m), volumes on the break candles are tiny (10–13 BTC), and OI is barely moving — no trapped-trader evidence. To the only real downside objective (pdL/week low $74,855) with a stop above dVAH the shape is workable, but the location is POC chop and the trigger is unconfirmed by flow, so I pass rather than force a mid-range short.