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

Summary
• Price formed a bearish engulfing pattern at 253.4 after a sharp drop to 246.2.
• Volatility surged late in the session, with volume spiking at the 05:45–06:00 ET timeframe.
• RSI entered oversold territory, suggesting potential near-term reversal but without confirmation.
• Bollinger Bands narrowed prior to the breakout, indicating a possible continuation of downward bias.
• Key support appears to be holding at 246.0–247.0 with no immediate breach.

24-Hour Price & Volume Summary

Aptos/Yen (APTJPY) opened at 251.8 on 2025-12-23 12:00 ET, reaching a high of 253.6 and a low of 246.0 before closing at 247.0 as of 2025-12-24 12:00 ET. The 24-hour volume totaled approximately 3,438.37, with a notional turnover of roughly ¥870,848.

Structure & Patterns

Price action formed a bearish engulfing pattern at 253.4 following a sudden decline to 246.2, indicating a shift in momentum. A 5-minute doji at 246.2 signaled indecision, but a retest of the 247.0 level failed to break higher, reinforcing bearish pressure.

Moving Averages and Volatility

The 20 and 50-period moving averages on the 5-minute chart crossed bearishly, with price staying below both. On the daily chart, the 200-period MA appears to have held as a psychological support, but it was not tested in this 24-hour period. Bollinger Bands tightened before the 246.2 low, signaling a potential breakout that later confirmed a downward bias.

Momentum and Divergence

Relative Strength Index (RSI) dipped below 30 late in the session, suggesting oversold conditions, though no immediate reversal followed. MACD turned negative early and remained bearish throughout, with a bearish crossover occurring at the 05:45 ET time window. Volume during this period spiked, providing confirmation of the bearish move.

Volume and Turnover Analysis

Trading volume surged during the 05:45–06:00 ET timeframe, with a massive 1,776.44 units traded at 05:45 ET, coinciding with a sharp drop from 248.3 to 246.2. This coincided with the largest notional turnover, indicating strong conviction in the move lower. A similar volume spike occurred at 08:45 ET but lacked a corresponding price move, suggesting accumulation may be building.

Fibonacci Retracements

Key retracement levels from the 253.4 high to the 246.2 low include 249.7 (38.2%) and 247.8 (61.8%). Price tested both levels, with the 247.8 level acting as a minor support before breaking lower. The 246.0 level is now acting as a near-term floor.

Aptos/Yen appears to be in a consolidation phase after the sharp selloff, with 247.0–246.0 offering immediate support. A break below this range could trigger a test of earlier lows or Fibonacci levels. Investors should remain cautious, as a false break or accumulation could precede a reversal.