Passe — pas de trade

No valid 15-minute trigger has confirmed the pdVAH break: the authoritative 19:15 candle closed at $64,865.4, still below pdVAH $64,880, while the 5-minute close through it is corroboration only. Direction is also conflicted—CCV is long-biased and price is above VWAP, but 4h CVD confirms down, 5m delta is flat, and the reaction lacks clear OI/order-flow participation—so the level does not meet the required confluence bar.