Rising volume and bullish structure shift point to potential recovery after extended decline.
Aptos (APT) surged 7% in the latest session, rebounding from its multi-month support zone around $3.10 as renewed buying interest swept through the market. The move came amid a notable increase in trading activity, signaling that short-term traders may be positioning for a potential continuation toward the $3.60–$3.80 resistance range.
After weeks of steady selling pressure, APT’s daily chart reveals a break in the descending wedge pattern, suggesting early signs of structural recovery. The price climbed to around $3.23, marking its strongest single-day gain in nearly two weeks, while volume spiked well above the 20-day average.
Analysts note that the recovery above $3.15, a former liquidity pocket, may shift the short-term bias from neutral to cautiously bullish. “The market structure has shown a clear Change of Character (ChoCH) on the daily timeframe,” one BitXJournal market technician observed. “If Aptos can hold above $3.20 with consistent volume, the next target sits around $3.70, where prior imbalances remain unfilled.”
Volume and Price Behavior
The volume surge reflects renewed accumulation, particularly from short-term speculative buyers reacting to oversold conditions. On-chain indicators confirm modest capital inflows, aligning with the uptick in exchange volume. Meanwhile, the Break of Structure (BOS) around $3.00 marked the first bullish signal after a month of lower lows, strengthening technical conviction among traders.
Still, resistance remains heavy near the $3.70–$4.00 zone, where historical supply previously capped upside attempts. A daily close above that region would open the door to a more extended rally, potentially revisiting the $4.50 pivot area seen in early September.
Market sentiment remains mixed but improving as traders assess whether Aptos can sustain momentum. “The key factor to watch is follow-through volume,” BitXJournal digital asset strategist commented. “Without confirmation from buyers above $3.50, the move risks fading as short-term traders take profit.”
In summary, Aptos’ 7% surge underscores a critical turning point for the token, with bulls aiming to reclaim higher technical ground after weeks of compression. As long as the price holds above $3.10, the market appears poised for a potential medium-term recovery phase.
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.