đŒ $APT Eyes Recovery â Key Resistances at $4.85, $5.10, and $5.45
đ Current Overview
Current Price: $4.546
Trend: Midterm downtrend, short-term relief bounce
MA Status:
MA 7: $5.106 (above price, acting as dynamic resistance)
MA 25: $5.450
MA 99: $5.412
đș Resistance Levels (Targets)
First Resistance â $4.85
Local top from recent price action
First hurdle to confirm a bounce continuation
Second Resistance â $5.10
Converging with MA 7 & prior rejection level
This level rejected multiple rallies before â watch closely
Third Resistance â $5.45
Aligns with MA 25 and former support-turned-resistance zone
Breaking this could shift short-term momentum bullishly
đ Key Takeaway
APT is still trading below all major moving averages, indicating a bearish structure on a higher timeframe. However, the recent bounce may attempt to test resistances up to $5.45 if buying pressure sustains. Volume confirmation is crucial above $4.85 to validate any real breakout attempt.
â ïž DYOR â Do Your Own Research. This is not financial advice. Markets can be volatile â always trade responsibly!