๐ $APT is trading around $2.21 with a clear negative trend on most timeframes.
The price has fallen sharply on the 7-day (-20.79%) and 30-day (-33.96%) charts, indicating overwhelming selling momentum.
In the short term, $APT has been trading in a narrow range of $2.21โ$2.27, reflecting the marketโs hesitation after a deep decline.
On the 4H chart, the token continues to be weaker than the general market as it has repeatedly failed to surpass $2.31, while the $2.16 support zone is constantly under threat.
In the long term (1D), all technical indicators are negative: RSI falls into the deep oversold zone, MACD extends its decline, and the price is below SMA20 at $2.74 โ confirming that sellers are in control of the trend.
The derivatives market is also not supportive: funding is negative, OI is down sharply, and money flows out of leveraged positions. Although there are signs of long-term accumulation when $APT leaves the exchange wallet, this cash flow is not strong enough to reverse the trend.
Overall: the downtrend is still dominant, and any recovery is likely to encounter strong resistance at $2.31 and $2.74.
