Passe — pas de trade

The gate fired on a 5-minute close below daily VWAP ($78,084.9), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15-minute candle (08:15 UTC) closed UP at $78,115.7, above VWAP, so no 15m close through or rejection at the level has printed. Structure is also unhelpful: the tape is a tight ~$340 balance between dVAL $78,006 / dLow $77,932 and dVAH/D-Open $78,199, with price sitting mid-range, 4h CVD confirming up while 5m delta is flat and OI is drifting on short-covering — no trend to join and no corroborated directional read. Missing element: the confirming 15-minute trigger.