📉 APT/USDT – bounce or drop?
Price: $4.223 (-9.20%)
24-hour Range: $4.660 ↔ $4.200
Volume: 7.62M APT / 33.50M USDT
EMA: Price below EMA(7) $4.398, EMA(25) $4.518 and EMA(99) $4.580 → bearish trend.
MACD: Bearish cross, momentum still down.
RSI: RSI(14) = 30.9, RSI(7) = 16.3 → oversold, hinting at a possible bounce.
Stochastic RSI: At zero → also confirms strong oversold conditions.
📊 Possible Scenarios
✅ Main (probability ~65%)
The price might test the zone $4.10–4.00 (key support). If it holds — a technical bounce is likely:
🎯First Target: $4.35 (+3%)
🎯Second Target: $4.50 (+6.5%)
But the upward momentum is limited as long as the price is below $4.60 (EMA zone).
⚠️ Alternative (probability ~35%)
If selling volumes remain and the $4.00 support does not hold, the decline may continue:
Support 1: $3.85 (-9%)
Support 2: $3.70 (-13%)
📌 Conclusion:
APT is currently under pressure from bears, but indicators suggest strong oversold conditions. A bounce can be expected in the short term, but there is no confident reversal yet — a breakout and hold above $4.60 is needed for that.