Passe — pas de trade

The only trigger on offer is a 15m close back below daily VWAP ($77,215.5) / D-Open ($77,161.6), but the tape is a dead sideways coil: the whole day's range is ~$450 ($77,004–$77,458), price is sitting almost exactly on dPOC $77,133.5 — the middle of value, the method's explicit no-trade zone — with dVAL just $55 below. There is no trend to join, delta 5m is flat (-1.6 BTC), OI flat, CVD confirming up while the candle closes down (contradicting a short), and the volume into the level is negligible: a poor reaction. Any honest short target (dVAL $77,079 / dLow $77,004) sits well under 2:1 against a stop above $77,250, so the R:R floor fails as well.