Passe — pas de trade

The only "trigger" here is a 15m close back below a developing-day POC/VWAP that sits inside a $125-wide overnight coil (dHigh 84,443.8 / dLow 84,318.9) — this is mid-range POC chop, not a strong level, and the method says trading inside the POC is a 50/50. Corroboration is also mixed: 4h CVD shows a bullish divergence and funding is slightly negative (favouring upside) against a bearish 15m close, OI is only short-covering (-0.50%), and 5m delta is flat (-2.8 BTC) — a poor, no-conviction reaction. With no meaningful structural target between here and pdPOC/nPOC $84,264.5 ($60 away), there is no honest 2:1 to any real T2, so I pass.