Passe — pas de trade

The gate fired on a 5-minute close below dVAL $78,748 — but a 5m close is never a valid trigger on this book, and the 15:30 15-minute candle (O $79,270.1 / C $78,757.3) closed just ABOVE dVAL, so no 15-minute close through the level has printed; the 16:00 15m candle is still FORMING. Structurally price is also sitting right on the developing day low $78,381.8 / D-nPOC↓ $78,378.5 cluster, which is support — shorting into that is the forbidden fade of momentum into a strong level — while 5m delta is flat (+4 BTC) with no aggressive response to confirm the break. No confirmed trigger, and reaction quality is poor, so I decline.