Passe — pas de trade

The 11:15 15m close through pwVAL $77,782 is a thrust trigger, not an entry — price is now $77,879, above the level, so buying here is the extension, not the retest. Corroboration is also mixed: 4h CVD is confirming_down, the 5m delta prints a bearish divergence into this push (Σ -34.4 BTC while price makes the local high), and the 24h OI backdrop is short-covering, so the reclaim lacks aggressive-buyer confirmation. I want price back at $77,782 with the reaction holding before I take a long.