Passed — no trade

The fired trigger is a 15m rejection of daily VWAP/M-Open ($78,539.8 / $78,511.5), but the reaction quality is poor: the "rejection" is a 20 BTC candle in dead late-session liquidity, 5m delta is flat (+10.4 BTC) with no aggressive response at the level, and OI is only drifting (-0.47% 4h) rather than building — no trapped participation to fuel a short. Structurally price is also chopping sideways in a $78,200–$78,950 balance just above the dLow/dVAL, so a short from mid-balance would be fading into support (dVAL $78,155 / dLow $77,576.9) with the honest first objective barely a level away, failing the 2:1 floor to any real T2. No trade: corroboration and reaction quality are missing.