$APT traded above the old high, then closed back inside.
The six-hour boundary was 0.8498; the latest hour reached 0.8557 and closed at 0.8477 USDT. The upper wick covers 58% of that candle’s range.
That weakens the case for chasing the high.
Next 24h — 1H closes:
below 0.8293 USDT: further weakness after the rejected high gains support.
above 0.8557 USDT: the rejection of the high weakens.
The six-hour boundary was 0.8498; the latest hour reached 0.8557 and closed at 0.8477 USDT. The upper wick covers 58% of that candle’s range.
That weakens the case for chasing the high.
Next 24h — 1H closes:
below 0.8293 USDT: further weakness after the rejected high gains support.
above 0.8557 USDT: the rejection of the high weakens.