Passe — pas de trade

The only trigger on the tape is a bullish micro-reclaim of the developing mPOC ($77,224.5) by the 02:30 UTC 30m candle — that points LONG, and STATE already shows an open long on this book, so a same-direction entry is barred. There is no short trigger: no 30m close rejecting a higher-timeframe resistance (pwVAL $76,970 sits below price, wVAL $77,823 and pmVAH $77,682 are untested above), price is mid-range at the daily VWAP/POC in balance, and CVD/OI are confirming up — shorting here would be fading a bullish micro-structure from the middle of the range.