Thèse Long

The trade is a bullish rejection/reclaim of the developing day VAH at $63,975: the closed 12:20 UTC 5m candle wicked below it to $63,950.8 and closed back above at $63,981.7. The trigger is corroborated by CCV long bias, positive 30-minute 5m delta, healthy rising 4h OI, and price holding above daily VWAP, although the 4h CVD bearish divergence is a caution rather than a veto. Entry is at the reclaim close/current price, with invalidation just beyond the sweep wick at $63,945; T1 is the settled previous-day VAL at $64,030 and T2 is the settled previous-day POC at $64,138.5, giving approximately 4.27:1 risk:reward to T2.