Passe — pas de trade

Pass: pdEQ $63,899.1 is in reach, but the only authoritative 15m trigger is the 07:30 candle, which swept below and closed back above pdEQ—a bullish rejection that conflicts with confirming-down 4h CVD, confirming-down 5m delta, positive funding, and rising OI in a strong downtrend. The bearish 5m rejection is not a valid 15m trigger, the current 15m candle is still forming, and pdEQ already fired within the last 30 minutes, so a fresh confirmed trigger is required.