Passe — pas de trade

The gate fired on a 5m wick-and-close-below dVAL ($78,295.0), but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (02:30 UTC, O 78,135.9 H 78,331.6 L 78,135.9 C 78,285.6) closed UP, straddling dVAL rather than confirming rejection or acceptance either way. Corroboration is also mixed: 4h CVD is confirming_down and OI is bleeding (short covering), yet 5m delta is dead flat (-2 BTC/30m) on tiny overnight volume, and price is pinned between dVAL $78,295 / dLow $78,118.6 below and VWAP $78,441 / D-Open $78,511.5 above — a poor, low-participation reaction with no trend to join. No trigger, no clean read: pass.