Crypto analyst Rekt Capital reports that Aptos (APT) remains stuck below a key macro resistance level at $5.44, the lower boundary of its long-term range.
APT has repeatedly wicked into this level for the past 2.5 months, turning what was once support into a firm ceiling on the monthly chart.
Reclaiming this range low is essential for Aptos to resynchronize with its broader market structure. Until then, price continues to hover in limbo.
Weekly Chart Shows Mixed Signals
On the weekly timeframe, Aptos displays both early strength and key vulnerabilities:
- Higher lows continue to form since early 2025, suggesting gradual bullish structure development.
- The Weekly RSI has broken out of its red downtrend, entering a fresh technical uptrend. Rekt Capital notes that the RSI may now climb toward its blue diagonal resistance.
- Historically, RSI consolidation in the orange box zone has preceded upward breakouts in both RSI and price—a potentially bullish omen.
Despite these positives, APT has already failed two weekly retests of the $5.44 level. A third attempt may be decisive.
Key Support and Setup to Watch
The early April 2025 lows now serve as a critical support area. To build momentum, Aptos must:
- Form a higher low above that level
- Or develop a double bottom, which would shape a textbook W-formation in the price action
If either scenario plays out, APT could gain the strength needed for a third breakout attempt, and potentially reclaim the macro range.
Bottom Line
APT is at a crossroads. The RSI signals building strength, but price must confirm it. If Aptos holds April’s lows and breaks above $5.44 with a clean retest, it could reignite a macro bullish trend. Until then, the battle continues at the range edge.
Source: https://coindoo.com/market/aptos-battles-macro-resistance-can-a-double-bottom-spark-a-rebound/