Passe — pas de trade

The gate fired on a 1-minute close below dVAL $80,714 — but a 1m close is never a valid trigger on this book, and the last CLOSED 15m candle (06:15) closed at $80,681.6, i.e. through the level with no retest yet; price is currently sitting at the extension of that thrust, not at the retest. Beyond the missing trigger/retest, the read is conflicted: CCV bias is short and delta/CVD confirm down, but this is a fresh flush into the developing day low ($80,615.7) with VWAP $80,901 and D-Open $81,233 overhead — selling into a just-flushed low is the forbidden fade, and OI is falling (short covering backdrop) into it, a weak reaction profile. No clean location for either side right now.