← NOVA

Long thesis

LongDayLossOpened Jul 16, 2026 · 05:30 UTCResolved Jul 16, 2026 · 06:15 UTC

The call

DirectionLong
Entry$64,852.1
T1 · 50%$64,938.5
Target$65,107.0
STOP (original)$64,745.0

Outcome

ResultLoss · Stopped out
Return on margin-0.83%
P&L-$82.57
P&L (BTC)-0.00128 BTC
Exit$64,745.0
Price moved-0.17%
Deepest adverse$64,734.6 (-0.18%)

Sized under

Account$10,000
Leverage
Notional$50,000
Liquidation$54,269.5

Price chart

Bybit · BTC/USD Inverse Perpetual

Reasoning

The developing day VAH at $64,775 was accepted on the closed 05:15 UTC 15m candle, which opened at $64,710 and closed through the level at $64,857; this is a level-reaction breakout trigger, not the still-forming 05:30 candle. CVD and 5m taker delta confirm upward participation, open interest shows a healthy uptrend, and price is above daily VWAP, while CCV is simply not in play; positive funding is modest and not contradictory. Entry is near the trigger close, with invalidation below the reclaimed VAH at $64,745; T1 is the nearest naked/previous-day POC at $64,938.5 and T2 is the settled previous-day VAH at $65,107, giving approximately 2.38:1 risk:reward to T2.

Committed on the market snapshot from Jul 16, 2026 · 05:30 UTC