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Summary
• Price surged above ¥268.4 before consolidating near ¥269.4 amid strong volume.
• MACD turned positive, suggesting short-term bullish momentum.
• RSI approached overbought territory, signaling potential short-term pullback risk.
• Bollinger Bands expanded, highlighting increased volatility.
• Turnover spiked during the ¥268–272 range, validating key breakout resistance.
Price and Volume Overview
Aptos/Yen (APTJPY) opened at ¥263.6 at 12:00 ET − 1, reached a high of ¥272.9, and closed at ¥270.6 by 12:00 ET. The pair traded between ¥263.6 and ¥272.9 over the 24-hour window, with a total volume of 11,111.73 APT and notional turnover of ¥1,657,112.16.
Price Structure and Candlestick Patterns
The price formed a strong ascending wedge during the early morning hours before breaking above the ¥268.4 resistance. A bullish engulfing pattern formed at the ¥266.2–268.0 level, followed by a large volume-driven breakout into the ¥270–272 range. A bearish harami emerged at the ¥272.2–268.7 consolidation, hinting at potential near-term profit-taking.
Moving Averages and Momentum
On the 5-minute chart, the price closed above both the 20 and 50-period moving averages, reinforcing short-term bullish momentum. MACD crossed into positive territory, aligning with the upward move. RSI reached 70, indicating overbought conditions and a possible near-term correction.
Volatility and Bollinger Bands
Volatility expanded as the price moved through the ¥268–272 range, pushing the upper Bollinger Band higher. The current price sits near the upper band, suggesting elevated volatility and a possible retest of the ¥268.7 support level in the short term.

Turnover and Divergence Analysis
Turnover spiked during the ¥268–272 move, confirming strength in the breakout. However, the subsequent consolidation at ¥270–268.7 saw no corresponding volume increase, signaling a potential divergence. Investors should watch for follow-through volume on any retests of these levels.
Fibonacci Retracement Levels
Key Fibonacci levels on the 5-minute chart include 38.2% at ¥268.7 and 61.8% at ¥271.2. The price has bounced off the 61.8% level and is now testing the 38.2% retracement as support. A break below ¥268.7 could target the ¥266.3–266.7 range, while a close above ¥271.8 may extend the move toward ¥272.9 again.
The market appears to be consolidating after a strong bullish move, with signs of potential exhaustion in the RSI and volume divergence. A pullback into the ¥268–269 range could offer a strategic entry point, but traders should remain cautious as overbought conditions may lead to a short-term correction.
Forward-Looking Observation
If APTJPY holds above ¥268.4, it could retest ¥272.9 for a new high. However, a drop below ¥268.4 may trigger a short-term correction. Investors should monitor volume and RSI divergence to assess the sustainability of the current rally.
Traders are advised to use tight stop-loss levels near ¥266.1 to mitigate potential downside risks in the next 24 hours.
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