Aptos $APT (APT) posted a 7% gain in the past 24 hours, rising from $4.34 to $4.62, as strong institutional buying pushed the token through multiple resistance zones. Support has now formed between $4.61–$4.66, with resistance at $4.72.
Key Highlights
Price Action: APT climbed 7%, peaking at $4.72 before a modest 0.62% late-session pullback.
Volume Spike: Exceptional trading volume of 12.9 million units, concentrated in overnight and early-morning trading.
Market Context: The rally coincided with a 3.2% rise in the broader CoinDesk 20 Index.
RWA Leadership: Aptos now ranks third globally in real-world asset (RWA) tokenization, with $719M TVL, surpassing Solana and Stellar.
Technical Breakdown
Support: $4.61–$4.66 zone reinforced by repeated institutional accumulation.
Resistance: $4.72 cap confirmed by volume-driven rejection.
Trend Indicators: Ascending troughs point toward potential upside to $4.80–$4.90 Fibonacci targets.
Caution: Terminal-hour sell-off with 126K volume signals short-term distribution.
Market Outlook
If bullish momentum continues and $4.72 is breached on strong volume, APT could retest the $4.80–$4.90 range in the coming sessions. Failure to hold the $4.61 support zone may shift focus back toward $4.55 and $4.36 accumulation levels.
