Key Insights:

• The APT token witnessed a 4% decline as broader crypto markets retreated.
• Current support has been established in the range of $4.38 to $4.41, with a resistance threshold at $4.50.

Market Performance:

• Over the last 24 hours, APT dropped to a low of $4.38 after earlier reaching $4.80.
• The market showed some recovery indicators towards $4.45 in the final trading hour, suggesting potential stabilization following a 9% decrease.

Additional Context:

Aptos recently saw its digital wallet, linked to EXPO2025, gain 500,000 new accounts with 4.4 million transactions. On another noteworthy front, the Aave lending protocol launched its service on Aptos, marking its inaugural venture outside the Ethereum ecosystem.

Technical Analysis:

• Volume peaked at 6.6 million during trading hours around 19:00.
• The significant support level reflects strong institutional interest, suggesting possible market stabilization after the recent downturn.