Passe — pas de trade

The gate fired on a 5-minute wick-and-reclaim of the developing POC ($77,939.5), but a 5m close is never a valid named trigger on this book — the last CLOSED 15m candle (01:00 UTC, O $77,899.5 C $78,054.1) is just an inside-range up candle around VWAP/dPOC, not a close through or a rejection at a level. Price is pinned between dVAL $77,757, dPOC $77,939.5, VWAP $77,986.6 and dVAH $78,088 — the middle of the developing value area, which is a no-trade zone with no defined edge, and the reaction quality is poor (sub-1 BTC to 5 BTC candles, +12.7 BTC 30m delta). No 15m trigger, no edge location.