Aptos Eyes Key Resistance as Momentum Builds Behind APT Price

TLDR:

  • Aptos climbs 10% in 24 hours, bouncing from strong support at $4.25.
  • APT faces key resistance at $5.13, with traders watching for breakout confirmation.
  • RSI nears overheated zone, hinting at possible short-term consolidation.
  • Community targets mid-term levels at $6 to $10 if bullish momentum continues.

Aptos (APT) is back on traders’ radar as its price inches closer to a crucial resistance level at $5.13. 

After recovering from recent lows, the token has gained ground steadily, signaling renewed buyer confidence. Market activity has picked up as Aptos rebounds from a solid support zone, with volume and interest growing across exchanges. 

Analysts are monitoring whether this momentum will hold, especially as Aptos faces a significant test around the $5 mark. If the breakout materializes, it could mark the start of a sharper upward move in the near term.

Aptos Price Action Shows Recovery Toward Key Levels

According to analyst Crypto Winkle, APT rose over 10% in 24 hours, climbing from $4.25 to trade above $4.87, based on recent chart patterns. According to the analyst, the price structure remains intact and shows strength near the $5.13 resistance. 

A clean flip of this level into support could set the tone for further gains.

Data from CoinGecko indicates that APT is now trading at $5.03, with a 5.18% increase over the past day and a weekly gain above 13%. The bounce from the $4.25 range highlights buyer interest at a technical demand zone.

While price action is bullish, technical signals show potential for short-term caution. 

Crypto Winkle noted that the Relative Strength Index (RSI) is approaching overheated territory, hinting at a possible brief pullback. Such a move would not necessarily disrupt the trend but could lead to short-term consolidation.

The chart structure remains consistent with past patterns, where Aptos has rallied after retesting key support zones. If the token stabilizes above $5, traders may begin targeting higher resistance zones, including $6 and beyond.

Community Focus Shifts to APT Mid-Term Targets

Another crypto user, First1Bitcoin, observed that Aptos could be reversing a prolonged downtrend. The token recently bounced from a demand zone near $5, prompting projections of a move toward $8 or even $10.

The broader outlook remains tied to upcoming unlocks and market sentiment. However, the fundamentals backing Aptos, such as fast transaction speeds and scalable infrastructure, continue to support interest.

Despite potential short-term pressure from token unlocks, Aptos has maintained a strong foundation in the crypto space. It ranks highly in stablecoin support and is recognized for its fast and low-cost transactions.

As market volatility returns, Aptos remains one of the more watched altcoins due to its tech-driven appeal. If current support levels hold and resistance breaks cleanly, APT could be poised for faster movement in the days ahead.

 

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Source: https://blockonomi.com/aptos-eyes-key-resistance-as-momentum-builds-behind-apt-price/