Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Aptos [APT] market structure declined further and breached key support.
It is worth noting that APT posted about a 500% hike in the January rally, rising from $3.4 to $20.4. But the extended correction after price rejection at $20.4 has seen the token clear over 44% of the gains.
APT traded at $11 at the time of writing, way below a key support level. Is your portfolio green? Check out the APT Profit Calculator Source: APT/USDT on TradingView APT has been struggling below descending line (white line), delaying any strong recovery that could flip the market into a bullish structure.
Bitcoin’s [BTC] sharp drop on Thursday (2 March) saw APT break below the 38.2% Fib support level ($12.1310). The support level prevented steep declines previously.Read more on ambcrypto.com