APT Slips 4% After Breaking $4.77 Technical Support Level

CoinDesk
CoinDesk
APT-3.15%

Aptos APT slumped as much as 4% on Thursday as trade tensions and wider market uncertainty weighed on sentiment.

The APT token has experienced significant price volatility amid broader market uncertainty, with selling pressure pushing the asset through multiple support levels as investors react to macroeconomic developments.

The token has now consolidated above the 4.77 level and has recouped almost half its daily losses.

Technical Analysis:

  • APT-USD traded within a 3.6% range (4.945 high to 4.751 low) over 24 hours, establishing a key resistance zone around 4.83-4.86.
  • Heavy selling volume (1.25M) created a high-volume support level at 4.77, which has been tested repeatedly throughout the period.
  • Recent price action suggests consolidation following downtrend, with bulls attempting to establish control above 4.78.
  • In the last hour, APT fell 2.1% from 4.864 to 4.762, forming a descending channel with multiple rejections at resistance.
  • Notable volume surge occurred between 13:45-13:54 (over 30,000 units traded per minute) as price found temporary support at 4.764.
  • Price action showed modest recovery with price stabilizing around 4.771, suggesting potential consolidation after sharp decline.
  • The CD20 index CD20 was down over 2% at publication time.
查看来源
7,386
0
本页面内容由第三方提供。除非另有说明，欧易不是所引用文章的作者，也不对此类材料主张任何版权。该内容仅供参考，并不代表欧易观点，不作为任何形式的认可，也不应被视为投资建议或购买或出售数字资产的招揽。在使用生成式人工智能提供摘要或其他信息的情况下，此类人工智能生成的内容可能不准确或不一致。请阅读链接文章，了解更多详情和信息。欧易不对第三方网站上的内容负责。包含稳定币、NFTs 等在内的数字资产涉及较高程度的风险，其价值可能会产生较大波动。请根据自身财务状况，仔细考虑交易或持有数字资产是否适合您。