Technical Breakdown Shows Bearish Momentum
Aptos (APT) has fallen by nearly 5% in the past 24 hours, trading around $4.10 as selling pressure increases. The latest move comes as the token retests a major support area, raising questions about whether the market can hold its current levels or faces further downside.
The daily chart shows APT locked inside a descending channel since February 2025, with both lower highs and lower lows guiding the trend. The resistance line has consistently capped recovery attempts near the $5.50–$6.80 zone, while sellers have pushed prices back into consolidation ranges.
At present, Aptos is hovering just above a critical demand zone between $3.90 and $4.20. A sustained breakdown below this level could expose the asset to deeper losses, potentially retesting the $3.50 region.
Despite temporary rallies in mid-summer, APT failed to break through the strong resistance levels around $5.40 and $6.70, marked by heavy selling volume. These zones remain the primary hurdles for any bullish recovery.
BITX Market analysts point out that volume spikes near resistance zones highlight strong distribution phases, where larger players take profit, preventing breakout attempts.
Traders remain cautious as APT has already declined over 65% from its yearly highs, showing signs of extended weakness. According to BITX market analysts, “The $4 support zone is the last major defense before Aptos risks sliding toward $3.50. Unless buyers step in with higher volume, the trend remains bearish.”
According to BITX “For bulls to regain control, Aptos needs a confirmed breakout above the descending channel. Until then, lower highs continue to dominate price structure.”
Aptos is currently at a crossroads, with support at $4.00 acting as a make-or-break level. While the broader downtrend remains intact, a rebound from this zone could spark a short-term relief rally. However, failure to hold could lead to another leg lower, keeping bearish sentiment in control.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.