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The 16:29 UTC 1m candle did sweep and reclaim the developing dVAL at $62,235, so the level and structural trigger are present, but corroboration is missing: 4h CVD and 5m delta confirm downside, OI is rising during the strong downtrend, funding is positive, and local structure remains bearish despite the CCV long bias. A short is also invalid here because price is at support and has just printed a reclaim rather than a bearish rejection.

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