Aptos’ APT Gains 4.5% After High Volume Bullish Breakout

Aptos’ APT (APT) climbed as much as 4.5% in the last 24-hours.

The token exploded higher at 01:00 UTC on massive volume of 1.64 million units, 29% above the daily average, according to CoinDesk Research’s technical analysis model.

The model showed price spikes from $4.97 to $5.06 in single hour, establishing $4.96 as new support floor.

The rally extended through 04:00 UTC, hitting a $5.20 session peak, the model showed.

The rally in Aptos came as the wider crypto market also rose, with the broader market gauge, the CoinDesk 20, recently up 3.6%.

In recent trading, APT was 3.2% higher over 24 hours, trading around $5.135.

Technical Analysis:

• Price explodes from $4.97 to $5.06 on massive 1.64 million unit volume, exceeding 24-hour average by 29%
• High-volume support established at $4.96 level with multiple successful retests confirming floor
• Session peak at $5.20 forms key resistance where price reverses on elevated volume
• Trading range spans $0.29 between $4.91 minimum and $5.20 maximum, representing 6% volatility
• Critical support zone forms at $5.09 following massive 258,259 unit volume spike
• Final consolidation around $5.13 suggests base formation after earlier volatility.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.