Buying $APT on the spot 🚬
$APT experienced downward pressure for 270 days after reaching its peak at $20.40, declining by 77% to $4.70. The breakout above the long-term trendline on October 21st helped $APT establish itself above $6.00 and continue its upward trajectory.
Not only is the technicals, the fundamental picture for $APT looks promising as well. The development company continues to receive support from funds, and the TVL just reached an all-time high.
💡 A higher TVL indicates greater reliability and security for the project, increased interest and support from the community.
I see $APT as a potential leader in the upcoming rally. In the mid term, I expect a move above $8.00, with further potential reaching $10.50. I've allocated 5% of my portfolio to $APT at its current levels.