Passe — pas de trade

The only trigger is a 15m close back below the developing dVAH/pdVAL cluster ($77,058/$77,095) after a sharp two-hour rally off the day low — that is a fade of upward momentum into a level, not a reaction I can trade, and it is contradicted by the corroborating flow: CVD confirming_up, 5m delta bullish divergence (+13.7 BTC), OI building in a healthy 4h uptrend, and price holding above daily VWAP $76,882. A short here also sits directly on top of VWAP/dPOC support with no clean room, and no swept prior-period level has been reclaimed. Missing leg: corroboration (signals point the other way from the only printed trigger).