Passe — pas de trade

Not a real swing failure. The swept level is the developing VAH clustered with the developing day high, which is this candle's own wick, so nobody was watching it before this move. The level that matters, the tier-1 previous day high at $81,179.1, was broken: the candle closed at $81,339.9, about $160 above it, so this is a breakout. There is no rejection: the close is $4 under the dVAH and $30 under the high, near the top of the candle, and the 08:26 1m bar drove up on 305 BTC and held. Order flow agrees with the move up: taker delta over 30 minutes is +269 BTC net (full coverage), CVD is rising and open interest shows short covering. Price is above VWAP and the previous day high, and the untested day POC at $81,496.5 sits just above as a target. The short-leaning CCV alone doesn't justify fading this. I'd look again only if a 15m candle closes back below $81,179 after trading above it.