Passed — no trade

The only trigger is a 15m close $22 below the developing POC ($86,145.5 vs $86,167.5) — that is noise inside a two-hour balance between dVAL $85,839 and dVAH $86,670, not a rejection with any reaction quality: the candle body is tiny, volume is unremarkable, and 5m delta is a bullish divergence (+102.9 BTC) fading the downside while OI is only drifting. Price is in the middle of the developing value area (POC chop, a 50/50 location the method says not to trade), inside a strong 24h uptrend (+2.96%, day high just printed), so a short here would be fading momentum in open space with no confirmed lower-low/lower-high structure change. No clean trigger, no corroboration — pass.