Aptos (APT) is exhibiting bullish momentum, rebounding from a key support level and nearing the upper boundary of a descending triangle pattern. The cryptocurrency has risen 8% in recent sessions, currently testing resistance at $4.93. The 200-day moving average at $4.84 serves as critical support.
A successful breakout above the current resistance could propel APT to $8.09, marking a potential 63% increase. However, if the token fails to surpass this resistance, it may remain in a consolidation phase.
Aptos (APT) Eyes Breakout as Bullish Pattern Emerges
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.