🔍 Overview of the Chart:

The price of APT reached a peak of 735.0 yen after a sharp rise.

The current price is 703.1 after a red bearish candle.

There was a strong rise from the bottom at around 583.6 yen to 735 – an increase of about 25% in a short period.

The chart likely shows an Impulse Wave consisting of 5 waves:

Wave 1: Started from the bottom (around 583).

Wave 2: A slight downward correction.

Wave 3: A strong rise from around 623 to 735.

Wave 4: A slight correction from the peak – the price is currently at 703.

Wave 5: May not have started yet or we are still at the end of Wave 4.

Conclusion: This seems to be a temporary correction within a bullish trend, as long as the price does not break the support level at 663–670.

The current movement is a correction (not a significant drop) within an upward trend.

If the price breaks below 663 yen, it may indicate a reversal in direction.

If the price returns and rises above 735, there is a possibility of the fifth wave upwards.