Felix Pinkston
Aug 28, 2025 19:03
APT trades at $4.42 (+0.34%) despite recent 4% decline and $54M token unlock event. Technical indicators show bearish momentum with key support at $4.05.
Quick Take
• APT currently trading at $4.42 (+0.34% in 24h)
• Aptos’s Daily RSI at 46.35 signals neutral momentum with bearish MACD divergence
• Recent $54.17 million token unlock on August 12 creates ongoing selling pressure
What’s Driving Aptos Price Today?
The APT price has shown modest recovery today with a 0.34% gain, but this follows a challenging period marked by significant headwinds. The most immediate catalyst affecting Aptos remains the substantial token unlock event that occurred on August 12, 2025, when 11.31 million APT tokens worth $54.17 million entered circulation.
This unlock represents 0.97% of Aptos’s total supply, creating a notable overhang that has contributed to the recent 4% decline amid broader cryptocurrency market weakness. The timing of this unlock coincided with deteriorating market sentiment, amplifying the downward pressure on the APT price.
Institutional investors have shown some interest in the selloff, with significant buying activity observed in the $4.38-$4.41 range. This institutional accumulation suggests that larger players view current levels as potentially attractive, though the overall market sentiment remains cautious as traders assess whether the token unlock selling pressure has been fully absorbed.
APT Technical Analysis: Bearish Signals Emerge
The Aptos technical analysis reveals a challenging setup for bulls, with multiple indicators pointing toward continued weakness. Aptos’s Daily RSI currently sits at 46.35, placing it in neutral territory but trending toward oversold conditions. While this APT RSI reading doesn’t signal an immediate buying opportunity, it suggests the selling pressure may be nearing exhaustion.
The MACD indicator presents a more concerning picture for APT holders. With the MACD line at -0.0637 and the signal line at -0.0414, the histogram shows a negative -0.0224 reading, confirming bearish momentum continues to build. This divergence suggests that despite today’s modest gains, the underlying trend remains weak.
Aptos’s moving averages paint a clearly bearish picture, with the current $4.42 price trading below all major moving averages. The APT price sits below the 7-day SMA at $4.51, the 20-day SMA at $4.61, and significantly below the 200-day SMA at $5.10. This configuration indicates that the medium to long-term trend remains unfavorable for Aptos.
The Bollinger Bands analysis shows APT trading in the lower portion of its range, with a %B position of 0.2737, suggesting the price is closer to the lower band ($4.20) than the middle band ($4.61).
Aptos Price Levels: Key Support and Resistance
Based on Binance spot market data, several critical Aptos support levels emerge that traders should monitor closely. The immediate support zone sits at $4.20, which aligns with the lower Bollinger Band and represents the first major test for bulls defending the current price action.
More significant APT resistance appears at the $4.50 level, which has acted as a ceiling during recent trading sessions. Breaking above this level would require substantial buying pressure and could signal a shift in the short-term trend for Aptos.
The strong support level at $4.05 represents a crucial inflection point for the APT price. This level has been identified as critical support in recent analysis, and a break below could accelerate selling toward the 52-week low of $3.93. Conversely, holding above $4.05 would maintain the potential for a bounce toward higher resistance levels.
On the upside, immediate resistance at $5.15 represents the first major hurdle for any meaningful APT price recovery. Above that, strong resistance at $5.66 would need to be overcome to suggest a more significant trend reversal for Aptos.
Should You Buy APT Now? Risk-Reward Analysis
The current APT price action presents a complex risk-reward scenario that varies significantly based on trading timeframe and risk tolerance. For short-term traders, the combination of bearish technical indicators and recent token unlock pressure suggests waiting for clearer signals before establishing long positions.
Swing traders might consider the $4.05-$4.20 range as a potential accumulation zone, particularly if institutional buying continues in this area. However, any positions should include strict stop-losses below $4.00 to manage downside risk effectively.
Long-term investors may view current levels as attractive given Aptos’s technological fundamentals, but should be prepared for potential further weakness toward the $3.93 support level. Dollar-cost averaging into positions rather than committing full capital immediately appears prudent given the uncertain technical setup.
The 24-hour trading volume of $20,108,211 on Binance spot provides adequate liquidity for position management, though traders should monitor volume patterns for signs of capitulation or accumulation.
Conclusion
The APT price faces a critical juncture at $4.42, with technical indicators suggesting continued weakness despite today’s modest gains. The recent token unlock event continues to weigh on sentiment, while institutional buying in the $4.38-$4.41 range provides some support. Traders should focus on the $4.05 support level as a key decision point, with a break below likely triggering additional selling toward yearly lows. Any sustainable recovery will require breaking above $4.50 resistance and demonstrating that the token unlock selling pressure has been fully absorbed by the market.
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Source: https://blockchain.news/news/20250828-aptos-apt-struggles-at-442-as-token-unlock-creates-selling