Market Overview for APTJPY (Aptos/Yen) - 24-Hour Summary

• APTJPY rose from 643.8 to 693.3 over 24 hours, closing +7.5% higher with a bullish close near the high.
• Momentum was strong, with RSI peaking near 70 and MACD in positive territory, signaling continued buying pressure.
• Volatility expanded significantly, with Bollinger Bands widening, and volume surged to ~7,500 APT traded, confirming strength.
• Key support levels held at 674–678 Yen, while resistance appears near 686–690 Yen on the daily chart.
• Divergence between volume and price not observed; volume expanded with price action, indicating broad participation.

APTJPY opened at 643.8 Yen on 2025-09-17 at 12:00 ET and closed at 693.3 Yen on 2025-09-18 at 12:00 ET, reaching a high of 693.3 Yen and a low of 641.1 Yen. The total volume over the period was ~7,500 APT, while the notional turnover was approximately JPY 5,065,000.

The 24-hour period saw a bullish breakout from key support levels, with price forming a strong bullish engulfing pattern as it reversed from a short-term decline. Price remained above the 20-period and 50-period moving averages, confirming a near-term bullish bias. The 50-period MA is now rising, suggesting momentum is likely to persist for the next few hours.

Structure & Formations

Price found strong support at 674–678 Yen, with several bullish reversal patterns forming after short-term dips. A bullish engulfing pattern emerged at 674 Yen, followed by a hammer at 679 Yen, both signaling strength. Resistance levels appear at 686 Yen and 690 Yen, where the price has stalled twice before, most recently at the 24-hour high of 693.3 Yen.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are trending upwards, currently at ~681 Yen and ~684 Yen respectively, suggesting continued bullish pressure. On the daily timeframe, the 50-period MA is also rising and sits near 678 Yen, with the 100-period and 200-period MAs lagging but showing convergence, indicating a potential consolidation phase ahead if price tests key resistances.

MACD & RSI

The 12-26-9 MACD is in positive territory with a rising histogram, confirming strong momentum. RSI has surged to 70–72 levels, suggesting the pair is overbought but not yet showing signs of exhaustion. This indicates further gains could occur unless a bearish reversal forms near key resistance levels.

Bollinger Bands

Bollinger Bands have widened significantly over the 24-hour period, reflecting rising volatility. Price has spent much of the day near the upper band, especially during the 03:00–08:00 ET period. This suggests a high-probability continuation pattern if the upper band does not break, but a breakout above 693.3 Yen could signal a new phase of bullish momentum.

Volume & Turnover

Volume and turnover spiked during the 03:00–06:00 ET period, with a surge in trading activity confirming the bullish breakout. Notable volume surges occurred around 680 Yen, 685 Yen, and 690 Yen, aligning with key resistance levels. No significant divergence between volume and price was observed, suggesting that the rally remains broad-based and supported.

Fibonacci Retracements

Applying Fibonacci retracement to the swing from 641.1 Yen to 693.3 Yen, the key levels for the next 24 hours are:- 38.2% = ~666.9 Yen- 50% = ~667.2 Yen- 61.8% = ~667.5 Yen

These levels are now acting as potential support, and a pullback to the 667–668 Yen range could trigger a test of the 50-period MA. On the daily chart, 678 Yen is the key 61.8% retracement level from the previous bearish leg and appears to be consolidating as a strong support.

Backtest Hypothesis

The proposed backtesting strategy involves entering long positions when the 50-period MA crosses above the 20-period MA on the 15-minute chart, and price remains above the 50-period MA for at least three consecutive candles. The strategy exits at the 61.8% Fibonacci retracement level or upon a bearish divergence in the MACD. Given the current alignment of moving averages and bullish momentum, the conditions for entry are largely met, and a potential stop-loss could be placed just below 674 Yen. The strategy’s success would depend on continued buying pressure and confirmation at 686–690 Yen.