Long trade ETH / USDC PERPETUAL CONTRACTCOINBASE:ETHUSDC.Pdavidjulien369📊 ETHUSD — POC / VALUE-AREA READ Thu 20 Aug 2026 | Tokyo PM Based on the levels, this is actually a 🟢 buyside trade rather than sell-side. Entry: 2319.61 Stop: 2306.37 Target: 2470.51 Projected Move: +6.505% RR: 11.3R POC / Value Map From the chart: Developing VA Low: ~2337.95 Developing POC: ~2344.90 Developing VA High: ~2361.49 Modified VWAP: ~2370.65 Current Price: ~2415 Target: 2470.51 POC Narrative This is a strong discount-to-value-to-expansion setup. The entry at 2319.61 came from below the developing value area, giving the trade a very efficient location. The sequence has been: discount entry 2319.61 → reclaim VA Low 2337.95 → acceptance through POC 2344.90 → break above VA High 2361.49 → reclaim VWAP 2370.65 → higher-value acceptance → continuation toward external liquidity at 2470.51 The key point is that ETH has already moved through the full value area and is now trading well above VA High and VWAP. That tells us this is no longer just a mean-reversion trade. It has transitioned into value expansion higher. What the POC is telling us now The developing POC around 2344.90 is now far beneath the current price. That means value has been accepted higher, and the old POC becomes more of a structural support reference than the immediate target. As long as price continues to hold above: 2370 VWAP → 2361 VA High → 2345 POC the bullish programme remains structurally healthy. Target Logic The original target at 2470.51 now represents the next external buyside objective rather than simply an opposite-side value target. The route is: 2415 current value → prior high/premarket high around 2449.76 → break into external buyside liquidity → 🎯 2470.51 PAY The 2449–2450 region is the first important management zone because it is the nearest obvious external high before the full target. Final Read This POC setup has developed very cleanly: DISCOUNT → VAL RECLAIM → POC ACCEPTANCE → VAH BREAK → VWAP RECLAIM → HIGHER VALUE → EXTERNAL BSL ✅ Entry from below value ✅ POC reclaimed ✅ VA High cleared ✅ VWAP reclaimed ✅ Value migrating higher ✅ Target remains structurally logical ✅ 11.3R planned asymmetry POC roadmap: 2319.61 → 2337.95 VAL → 2344.90 POC → 2361.49 VAH → 2370.65 VWAP → 2449.76 BSL → 2470.51 PAY For an alternative read and narrative = t.me/SNAPTradingFramework