$APT closed at $0.82 on the 15-minute timeframe, breaking above the upper boundary of the consolidation range at $0.8141 that had held over the previous four hours.
Trading value on that candle surged to $210,000, 1.6 times the prior average, with aggressive spot buying accounting for nearly 60% of trades.
The upward shift in the range will only be effectively confirmed if subsequent candles continue to close above $0.8141.
If a subsequent candle quickly falls back into the previous range, it would indicate that the breakout failed to hold, so beware of a pullback after the spike.
Trading value on that candle surged to $210,000, 1.6 times the prior average, with aggressive spot buying accounting for nearly 60% of trades.
The upward shift in the range will only be effectively confirmed if subsequent candles continue to close above $0.8141.
If a subsequent candle quickly falls back into the previous range, it would indicate that the breakout failed to hold, so beware of a pullback after the spike.