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The gate fired on a 5m close below pdPOC/VWAP ($64,855.5 / $64,828.8), but a 5m close is never a valid trigger on this book — the last CLOSED 15m candle (13:45) closed at $64,931.9, still above pdPOC and VWAP, so no 15m close through or rejection at the level has printed; the current 14:00 15m candle is FORMING. Structure is also conflicted: 4H/1H trend is up off the day open with CVD confirming_up, healthy OI and long CCV bias, so a short here would be fading an established up-move back into dVAL/VWAP support rather than a confirmed level reaction. Watch for a 15m close below the dVAL/VWAP shelf ($64,718–64,829) or a reclaim close back above pdPOC before acting.

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