BTC Target Action

Aptos [APT] market weakened further- Will bears enjoy more benefits?

Reading now: 622

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.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News