The 4,211.41 high was set 18 4H candles ago and has held since. Older levels tend to carry more resting orders. Only 38% of recent 4H volume was market buying. Price has run into 4,211.41 four times in the last 20 4H candles. Repeated tests tend to weaken a level, but the close is what counts.
$XAUT at 4,140.63 sits just under the 4,211.41 ceiling on the 4H, a 1.68% gap. Confirmation is a full 4H candle closing over 4,211.41, not just a wick through it.
Back under 4,076.01 and the setup is gone.
$ETH at -5.32% shows how much of this is coin-specific; the closest liquid mover is $HYPE at -2.42%.
$XAUT at 4,140.63 sits just under the 4,211.41 ceiling on the 4H, a 1.68% gap. Confirmation is a full 4H candle closing over 4,211.41, not just a wick through it.
Back under 4,076.01 and the setup is gone.
$ETH at -5.32% shows how much of this is coin-specific; the closest liquid mover is $HYPE at -2.42%.