Long thesis

LongDayLossOpened Jul 31, 2026 · 01:26 UTCResolved Jul 31, 2026 · 01:43 UTC

The call

DirectionLong

Entry$65,050.0

T1 · 45%$65,314.6

Target$65,555.0

STOP (original)$64,800.0

Outcome

ResultLoss · Stopped out

Return on margin-1.92%

P&L-$192.16

P&L (BTC)-0.00297 BTC

Exit$64,800.0

Price moved-0.38%

Deepest adverse$64,768.9 (-0.43%)

Sized under

Account$10,000

Leverage5×

Notional$50,000

Liquidation$54,435.1

Price chart

Bybit · BTC/USD Inverse Perpetual

Reasoning

This is a VWAP/pdH level-reaction long: the closed 2026-07-31 01:00 UTC 15-minute candle closed through VWAP $64,996.2 and pdH/pdVAH $65,088.0, and price is now backtesting that breakout region rather than extending at the high. CVD and 5-minute delta confirm upward participation, while OI is rising in a healthy uptrend and funding is only normally positive; the 01:20 UTC 5-minute wick-reclaim of VWAP further corroborates but is not the trigger. Entry is on the retest, with the stop given room below the $64,939.1 retest wick; T1 is the W-Open/developing-high cluster near $65,315 and T2 is settled pwVAH at $65,555, giving 2.02:1 R:R to T2.

Committed on the market snapshot from Jul 31, 2026 · 01:25 UTC