Passe — pas de trade

No valid trigger: the only 15m close at the fired level (14:15, dVAH $80,507) closed BELOW the developing VAH, i.e. a rejection pointing down, while the 5m reclaim above dVAH points up — the two conflict and the 5m close can never be the named trigger. Price is also pinned in a $80,250–$80,730 chop between dPOC/VWAP and dVAH with flat 5m delta (+39 BTC/30m) and falling OI (short-covering -2.05%) — a poor reaction at the level. No clean directional read, so I pass on both sides.