Passe — pas de trade

STATE shows an open long on this book, so only a short may be recorded — but the trigger that just printed is bullish: the 11:00 UTC 30m candle wicked below pmVAH $77,682 / wVAH $77,805 and CLOSED back above both (a reclaim, not a rejection), with CVD confirming up, OI in a healthy uptrend and price above daily VWAP $77,568. There is no bearish trigger at all: no 30m close back below pmVAH/wVAH, and the 4H/daily tape is chopping up off the $75,907 weekly low rather than trending down, so a continuation short would be fading strength into the developing week high. No short setup exists — pass.