What You Need to Know

• Aptos has successfully overcome a $5 resistance level.
• Current price activity indicates potential accumulation before any major price movements.

Aptos’ APT token experienced a notable increase exceeding 4%, marking a bullish breakout as per CoinDesk Research’s technical model. The APT has recently surpassed the psychological resistance of $5, currently trading around $5.065.

Recent Price Movements

• APT has established robust support around 4.927 following its breach above the $5 mark.
• A new resistance has emerged at approximately 5.138, while consolidation has formed a bull flag pattern between 5.00 and 5.10.
• Trading volume peaked over 149,000 units, indicating high interest among traders.
• A recent pullback noted a higher low at 5.045, solidifying a new support area.
• The final moments of trading saw price stabilization between 5.045 and 5.062, hinting at increased accumulation.

The total price fluctuation illustrated a range of 0.261 (5.4%) from minimum to maximum during this observation period.