Market Overview for Aptos/Yen (APTJPY) on 2025-12-19

Summary
• APTJPY opened at 242.0 and closed at 239.9 after a sharp sell-off in early hours.
• Strong bearish momentum emerged with volume surging to 12,664.44 near the 6-hour mark.
• Bollinger Band compression was followed by a breakout below 224.3, indicating increased volatility.
• RSI indicates oversold conditions as the pair approaches 231.7–233.1 support.
• No clear bullish reversal patterns emerged, but price appears to consolidate near 231.3–233.8.

Aptos/Yen (APTJPY) opened at 242.0 at 12:00 ET−1 and traded between 221.2 and 242.0 before closing at 239.9 at 12:00 ET. Total volume reached 28,985.97, with turnover estimated across the 24-hour window.

Structure & Formations

The price action displayed a sharp bearish trend, breaking through key support levels below 227.5 and testing a prior swing low at 221.2. A bearish engulfing pattern formed at the start of the session, followed by a long bearish candle at 224.7–221.2.

A subsequent consolidation phase emerged around 231.3–233.8, with no clear bullish reversal signals yet.

MACD & RSI

The MACD line remained negative throughout the session, confirming bearish momentum. RSI dropped below 30 for a brief period, suggesting oversold conditions. However, no significant buying pressure followed, indicating potential exhaustion in the short term.

Bollinger Bands

Bollinger Bands showed a period of contraction between 230.5 and 233.0, followed by a sharp expansion as the price dropped below 224.3. Price has remained within the lower band for much of the session, signaling continued bearish pressure and volatility.

Volume & Turnover

Volume spiked at 28,245.97 during a 5-minute candle at 02:45 ET, coinciding with a rally from 223.3 to 224.4. However, price failed to hold above this level, suggesting weak conviction. Turnover spiked during the morning hours, but divergence between volume and price highlights uncertainty in the market.

Fibonacci Retracements

Key Fibonacci retracement levels were tested during the session, particularly the 61.8% level at 233.1 after the 242.0–221.2 decline. A bounce from this level occurred, but it was met with bearish follow-through. The 38.2% level at 231.7 was later consolidated into a potential support base for the near term.

The pair appears to be forming a short-term base around 231.3–233.8, which could offer a potential floor for the next 24 hours. However, bearish pressure remains strong, and any break below 227.5 may trigger further downside. Investors should remain cautious and watch for a potential reversal signal or divergence in volume and price.