Passe — pas de trade

The gate fired on a 1-minute close below the D-Open ($77,801.6) — a 1m close is never a valid trigger on this book, and the most recent CLOSED 15m candle (15:30, O $77,858.0 C $77,787.0) is a tiny inside-body candle that neither closes decisively through nor rejects at the day open; price is essentially pinned between dPOC $77,775.5, VWAP $77,690.1 and D-Open $77,801.6, i.e. the middle of developing value with no reaction to trade. Corroboration also conflicts: CVD is confirming_up with a bullish 5m delta divergence (+7.3 BTC) while the gate points short, and OI is flat (-0.11%), so there are no trapped traders and a poor reaction at the level. No trigger, no corroboration — pass.