Long trade

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Long trade Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.Pdavidjulien369Pair: BTCUSDT.P Direction: 🟢 Buyside Date: Sun 16th Aug 2026 Execution TF: 30-minute Trade Type: Buyside liquidity-reclaim / value-area recovery Trade Levels Entry: 62690.1 Stop: 62650.9 Risk: 0.063% Target: 62937.9 Projected Gain: 0.395% RR: 6.32R 🧠 SNAP Bias 🟢 Buyside Price sold off sharply into the lower intraday reference area around 62650–62690, then began reacting from that discount zone. The long thesis is based on price holding above the protected low and rotating back toward the developing value structure overhead. 🧭 SNAP Map Sell-side delivery lower → test of 62650–62690 support / reference zone → rejection from the low → attempted reclaim above 62690.1 → rotation back toward developing value → 🎯 target 62937.9 Key mapped references visible on the chart: Developing VA Low: ~62948.1 Developing POC: ~63040.9 Developing VA High: ~63091.2 VWAP / Mod VWAP: ~63045.5 Target: 62937.9 Invalidation: 62650.9 Summary: BTCUSDT.P buyside from 62690.1 is a SNAP discount-reclaim setup targeting 62937.9, with 62650.9 acting as the structural invalidation and a projected 6.32R payoff.