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The 00:05 UTC 5m candle did trigger a bullish rejection of developing dVAL $64,928 by wicking to $64,900.1 and closing back above at $64,942.6, but broader corroboration is conflicted: 4h CVD is up while CCV retains a short bias, 5m delta is flat, and the rally is backed by declining 24h OI/short covering. The honest long to the prior-day high at $65,041.5 with invalidation beyond the sweep near $64,880 offers only about 1.7:1 R:R, below the normal 2:1 floor without a sufficiently high-quality, stop-rich level to justify the exception.

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