$APT Analysis 🎉🚀
Aptos (APT) exhibited significant price volatility over the past week, per TradingView data. On Tuesday, June 17, APT turned bearish, dropping 5% to $4.45. Wednesday saw a slight uptick despite ongoing selling pressure and volatility. However, the downward trend resumed on Thursday, with a 1.47% decline to $4.39. Selling pressure persisted on Friday, pushing APT down nearly 3% to $4.27. A brief bullish attempt saw the price surge to an intraday high of $4.69 as buyers aimed for $5, but momentum faded, leading to a 2% drop to $4.17. On Sunday, worsening market sentiment intensified selling, causing APT to plummet nearly 6% to a low of $3.75 before settling at $3.92.
This week began with strong bullish momentum, as APT surged nearly 10% to $4.31 on Monday. The rally continued on Tuesday, with a 15% gain, crossing the 20-day SMA and $4.50 to close at $4.96. Momentum waned on Wednesday, with APT falling 1.37% to $4.88 after hitting an intraday low of $4.64. On Thursday, despite selling pressure and volatility, APT rebounded from a low of $4.64 to settle at $4.88, posting a marginal decline. In the current session, APT has recovered, gaining over 3% and trading around $5.04. Buyers will look to maintain control and target a sustained move above $5.