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The settled previous-month POC at $62,700.5 is in play and the closed 05:05 UTC 5m candle did reclaim it ($62,661.1 open, $62,744.1 close), but the broader confirmation is conflicted: CCV long bias and weakening downside OI support a bounce, while 4h CVD remains confirming down and the 5m delta read is bearish. A continuation short is also invalid here because price is reacting at major POC support and the 1m/5m/15m structures are not cleanly aligned down.
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