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The gate fired on a 1-minute wick-and-close-below the developing POC ($64,325.5) — a 1m close is never a valid trigger, and the most recent CLOSED 15m candle (05:00 UTC) closed UP at $64,320.5 right on the dPOC, i.e. no rejection or acceptance close either way. This is mid-value POC chop: price is sitting between dVAL $64,085 / pdEQ $64,296 below and VWAP $64,615 / D-open $64,691 above, with flat 5m delta (+2.3 BTC), a poor low-volume reaction, and falling OI — the method explicitly says not to take new positions at the POC. Missing element: no confirming 15-minute trigger, and location is fair value rather than a value-area edge.
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