Passed — no trade

The gate fired on a 5m close below pwVAH ($64,291), but this is not a clean setup on three counts. (1) Location: price is sitting right in the middle of a churn zone — daily VWAP ($64,296), day POC ($64,030), and multiple developing VA edges are stacked within a few hundred dollars, so a 5m close through pwVAH is chop in open space with no obvious swept level and no reaction structure, not a tradeable edge. (2) Signals conflict: the 5m taker-delta prints a bullish divergence (+11.8 BTC/30m) precisely against this small breakdown, funding is slightly negative, and 4H OI shows a healthy uptrend — the flow does not corroborate a short here, it fades it. (3) No qualifying trigger: this is a minor internal level in the middle of the daily range, not a significant swept high/low, and there is no reaction/reclaim to trade — a downside continuation short into the day POC ($64,030) / naked POC below ($63,737) would be fading momentum into support, which is forbidden.