Passe — pas de trade

The gate fired on a 5m wick-and-close-back below pdPOC $83,420.5 — that is a short signal, and STATE already has an open short on this book, so the only recordable direction is long. For a long, there is no valid trigger: the 18:00 15m candle closed up through dPOC $83,105.5 but price has since stalled under pdPOC/VWAP ($83,420/$83,583) with the 5m rejecting that level, the 4h and 1h most recent closes are down, CVD reads confirming_down and the day is making lower highs off $84,523. A long here would be buying directly into pdPOC/VWAP resistance with the broader flow against it — no corroborated long trigger exists.