APT recently broke out from a falling wedge, suggesting a potential bullish reversal. The price jumped to 5.19 USD, marking an 8.09% increase. However, traders should remain cautious due to ongoing sell-side pressure.
Despite the selling dominance, net inflows into Aptos amount to nearly 1 million USD, reflecting renewed buying interest. This accumulation could indicate a positive sentiment among investors, especially after the wedge breakout.
Decentralized trading volume surged to 219.73 million USD in 24 hours, showing increased engagement within the Aptos ecosystem. If such momentum continues, APT may stabilize and target resistance levels of 6.30 USD and 8.00 USD.
Leave a Reply