Passe — pas de trade

PASS: pdVAH $63,047.0 is in reach, but no qualifying 15-minute trigger has closed there—the authoritative last closed 15m candle at 08:45 UTC remained above the level, while the cross below occurred only on the 09:00 UTC 5m candle. Bearish CVD and 5m delta corroborate selling but cannot replace the required 15m close, and a continuation short here would run directly into the pdVAH/pdH support cluster.