Passe — pas de trade

The gate fired on a 5m candle only — the last CLOSED 15m candle (13:30 UTC, O 79,744.1 H 79,820.0 L 79,723.9 C 79,756.7) closed UP and sits inside the dVAL/pdVAH cluster, so there is no 15m close through or rejection of dVAL ($79,787) to name as a trigger. Price is also mid-structure between dVAL/pdVAH ($79,749–79,787), VWAP ($79,841.5) and dPOC ($79,869.5) — the middle of a very tight ~$550 day range on tiny volume, which is exactly the POC-chop no-trade zone. Volume and delta at the level are negligible (a few BTC per candle), a poor reaction, so there is no confirmed trigger and no clean location.