Bitcoin accepted above its value area, and 77,112 is the level b

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Bitcoin accepted above its value area, and 77,112 is the level bBitcoin / U.S. dollarBITSTAMP:BTCUSDkenkemdayfxBTCUSD, US session read from my KenKem Master Volume Profile (MVP) indicator & strategy. CONTEXT Price is trading at 77,236, well above the session VWAP at 76,511, and it has now accepted above the value area high at 76,978 rather than being rejected back inside it. The master Point of Control sits just underneath at 77,112 and is still reading as net-buy defended, so the volume magnet is currently below price rather than above it. Net volume pressure is positive, though it is already running near the top of its scale. KEY ZONES Resistance / supply: 77,360, then 77,460 Support / demand: 77,112, then 76,950 Point of Control (volume magnet): 77,112 SCENARIOS (to watch, NOT signals) Bullish: hold above 77,112 and close through 77,360 to open room toward 77,460, the prior supply shelf from before the flush. Bearish: lose 77,112 on a closing basis and 76,950 comes back into play, the origin of the impulse leg. Range/unclear: stuck between 77,112 and 77,360, stand aside until a decisive close resolves it. Invalidation: a close beyond 76,950 voids this map. WHAT THE MVP TOOL IS SHOWING The Master Volume Profile plots rolling value areas (VAH/VAL), the Point of Control, and a net-volume pressure read to locate where volume is building or drying up. This idea is the qualitative output of that tool; the strategy's internal thresholds, gating and entry/exit logic are not disclosed. Built with the KenKem Master Volume Profile indicator & strategy. Technical analysis only, by KenKem's algorithm, NOT financial advice. Trade your own plan and manage your risk.