Passe — pas de trade

The fired level is daily VWAP ($77,215.6) and the "trigger" is a 15m candle whose high just tagged it by $1 on 1.6 BTC of volume — a nothing reaction, not a rejection: no delta response (5m delta flat, Σ -1 BTC), OI flat +0.17% on 4h, and the whole session is a 450-dollar coil between dPOC $77,133.5 and dVAH $77,256.0 with price pinned on the day open. That is mid-profile POC chop, the no-trade zone, not a level-reaction; no trend exists for a continuation and no defined level has been swept and reclaimed. Missing: a genuine confirming close with a reaction worth trading.