The chart shows a clean market recovery after a capitulation phase, with a clear reclaim of multiple VWAPs that previously acted as dynamic resistance. Price has positioned itself above the POC and is now working the upper value area, signaling that buyers are in control of the current balance.

The ongoing consolidation just below the VAH looks more like a buildup than exhaustion: as long as price holds above the VWAP/VAL cluster, the intraday structure remains biased toward a bullish extension.

A decisive break above the VAH would open the path toward higher liquidity zones, while losing the VAL would signal a return to the lower range. For now, momentum clearly favors the buy side 📈