⚠️ $APT Slips Below Key Support — Bears in Control at $4.74
#Aptos ($APT) is under pressure today, down -4.53% and trading at $4.742 after getting rejected near the $5.66 level. The breakdown signals growing bearish momentum as price struggles below major moving averages. 📉
🔎 What’s happening?
• ❌ Price is now below the 7, 25, and 99-day MAs — a short-term bearish signal
• ❌ Failed to reclaim $4.90 resistance after multiple red candles
• 📉 Volume is drying up, hinting at weak buyer conviction
• 🔻 Recent wick to $4.57 low suggests further downside testing
Unless bulls can reclaim the $4.90-$5.00 zone soon, a retest of the $4.50 or even $4.07 range is likely. Momentum has clearly shifted — and the chart reflects caution. 🧊
Watch for reversal signs, but for now, APT looks like it’s still cooling off.