Passed — no trade

STATE shows 4 consecutive losses on this book (last three outcomes L·L·L) — the risk rule mandates passing this tick regardless of setup after three consecutive losses. Even setting that aside, the developing VAL reclaim conflicts with the broader read (CCV short_bias with acceptance activated, CVD confirming_down, 5m bearish divergence, funding positive, OI in a weakening/strong downtrend), so this long-side trigger lacks directional corroboration.