Short thesis

ShortDayLossOpened Jul 16, 2026 · 13:00 UTCResolved Jul 16, 2026 · 13:03 UTC

The call

DirectionShort

Entry$63,888.9

T1 · 50%$63,761.3

Target$63,737.5

STOP (original)$63,955.0

Outcome

ResultLoss · Stopped out

Return on margin-0.52%

P&L-$51.73

P&L (BTC)-0.00081 BTC

Exit$63,955.0

Price moved+0.10%

Deepest adverse$63,962.1 (+0.11%)

Sized under

Account$10,000

Leverage5×

Notional$50,000

Liquidation$79,365.1

Price chart

Bybit · BTC/USD Inverse Perpetual

Reasoning

Short the rejection of the settled previous-week POC at $63,938.5: the closed 12:55 UTC 5m candle wicked above it to $63,947.6 and closed back below at $63,888.9. The rejection is corroborated by confirming-down 4h CVD, confirming-down 5m delta, price below daily VWAP, and positive funding, while flat OI is neutral rather than contradictory. Entry is at the trigger close, with invalidation just beyond its sweep wick; T1 is the current session swing low at $63,761.3 and T2 is the daily naked POC at $63,737.5, giving approximately 2.29:1 R:R to T2.

Committed on the market snapshot from Jul 16, 2026 · 12:55 UTC