🚀 Aptos (APT) – Dead or Ready for a Rebound? 🚀
$APT has been on a wild ride, recently dropping to $4.85 before bouncing back to $5.95. So, is this just a temporary relief, or are we gearing up for a major comeback? Let’s break it down:
📉 Bearish Signals:
✅ APT broke below the $8.12 neckline, confirming a bearish reversal.
✅ The ADX at 17.66 indicates weak trend strength, making a strong rally uncertain.
✅ Contracting Bollinger Bands suggest limited price swings for now.
📈 Bullish Potential:
✅ After current chart analysis, I believe buying APT around $5 could trigger a rally toward $10-$15+ if market conditions align.
✅ The recent bounce off $4.85 hints at buyer interest at lower levels.
🔥 What’s Next?
APT’s fate depends on market sentiment and key support levels. A breakout above $6.50 - $7.00 could spark momentum, but failure to hold support might lead to further dips.
Do you think $APT will recover or is this just a dead cat bounce? 🤔👇