The situation appears extremely manipulative. The round level had a full trade-through, multiple spikes, and liquidity formation. According to market logic, the scenario was binary: either an impulse breakout to $430 or a rejection of the breakout with a retreat below the lower liquidity - a minimum around $350.

In fact, the breakout was not confirmed. The price only fell to $380, after which there was a sharp return and another spike at the level of $400...