Aptos (APT) is consolidating in a key zone! A break below could signal a return to bearish territory, but bulls are likely to defend this level.
Price is currently bullish on the 4-hour chart with higher highs and a reclaim of support. The last support reclaim with the 50-day MA led to a 110% rally!
Daily & Weekly RSI resets suggest a potential price bottom.
Wait for a confirmed trend break with a higher low on support before entering.
Consider entry: $9-$9.60
Take Profit: $12, $16, $24 (progressively)
Stop Loss: $8
#Aptos #Crypto #TechnicalAnalysis #BreakoutZone #Support
Price is currently bullish on the 4-hour chart with higher highs and a reclaim of support. The last support reclaim with the 50-day MA led to a 110% rally!
Daily & Weekly RSI resets suggest a potential price bottom.
Wait for a confirmed trend break with a higher low on support before entering.
Consider entry: $9-$9.60
Take Profit: $12, $16, $24 (progressively)
Stop Loss: $8
#Aptos #Crypto #TechnicalAnalysis #BreakoutZone #Support
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