🚀 $APT shows a triple bottom pattern amid bullish momentum — will it reach $22 this year?
The currency ($APT ) has started to attract attention again, after displaying strong technical signals on the daily chart, most notably the triple bottom pattern, which is a reversal pattern indicating a potential price breakout soon.
The current price is trading around $4.86, with a daily increase of over +5.7%, amid institutional support and strong developments on-chain.
📊 On August 12, 11.31 million APT tokens worth $53.7 million were released, representing 2.25% of the supply, an event closely monitored by traders.
Although the unlocking may cause selling pressure, the market has shown resilience, indicating a readiness to rise.
📈 According to CoinDesk analysis, a strong support area has formed between $4.61–$4.66, with resistance at $4.72.
Breaking through this resistance could push the price towards $7, then $11, and if sustained, the next technical target is $22 during the 2025 cycle.
📌 Summary:
APT is at a critical technical and market moment.
Breaking the current levels could trigger an upward wave towards multiple targets, notably $22.
However, risk management remains essential amid market volatility.
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