APT Finds Strong Support After 10% Drop

The cryptocurrency market faces renewed pressure as global economic tensions intensify, with APT experiencing significant volatility amid broader market uncertainty.

After dropping over 10% from $5.058 to $4.548, APT has begun stabilizing at critical support levels, showing resilience despite macroeconomic headwinds.

Trading volumes peaked during the sell-off period but have since shifted toward accumulation patterns, suggesting institutional interest remains despite the turbulent global economic landscape.

Technical Analysis Highlights

• APT experienced a substantial 10.08% correction, dropping from 5.058 to a low of 4.548 before staging a recovery.
• Sell-off intensified during the 22:00-00:00 period with above-average volume (2.7M-2.9M).
• Strong support established at the 4.55-4.60 zone where buyers emerged.
• Recovery phase showed consistent accumulation with price stabilizing between 4.60-4.70.
• Bullish move toward 4.75 during final hours on increased volume suggests renewed buying interest.
• Hourly price action formed a rounded bottom pattern before rallying in the final minutes.
• Substantial volume spikes at 14:01-14:02 (55K-32K) pushed prices back above 4.70.
• Hourly consolidation between 4.686-4.750 indicates stabilization attempts after the correction.

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