🚀 $APT — Approach to the Upper Boundary of the Descending Wedge 📉
Aptos is testing the 50-day moving average, which coincides with the upper boundary of the descending wedge on the daily timeframe. Volume is gradually increasing — a classic sign of accumulation before a possible strong movement.
🔑 Key Levels and Targets Upon Breakout:
First target — $5.60
Second target — $7.40
Maximum target (with strong momentum) — $10.50
📊 Technical indicators are aligning, forming a strong base for a potential trend reversal.
⚠️ Risks and Alternative Scenario:
If the price does not hold above the 50-day moving average and the upper boundary of the wedge, further consolidation or a pullback to supports below $4.50 is possible.
Watch the volume and candle closes at the resistance level — this will be a signal for the beginning of a new impulse!