Passe — pas de trade

The gate fired on a 15m candle that wicked below dPOC/pwH ($80,417) and closed back above it — but that same candle also wicked above and rejected dVAH/VWAP ($80,534), so price is pinned inside a ~$150 dev value band with no directional resolution. A long here would be a mid-range entry between dPOC and dVAH with the 4H trend down (4H closed down from $81,273 to $80,429, day open $81,200 lost, CVD confirming_down, funding positive, OI up 6.8% into the drop = new shorts in control), so the required corroboration for the long side is missing; the reaction quality is also poor (Delta 5m flat +2.2 BTC, sub-1 BTC candles on the reclaim). With only a long permitted on this book and no clean, corroborated long trigger, this is a pass.