Aptos (APT) took a hit Thursday, slipping 3.9% as price broke below the closely watched $4.77 support level. After tagging a low of $4.75, APT bounced slightly, ending the session near $4.77 as traders assessed whether the move was a breakdown or a shakeout.
The action came during heightened volatility across the broader crypto space, with Bitcoin and altcoins reacting to fresh macro uncertainty and a dip in risk appetite.
What the Charts Say:
- 📉 Low: $4.751
- 🔼 High: $4.945
- 🔁 Volume: Spiked over 1.25M, with pressure intensifying during U.S. market hours
- ⚠️ Support Flip: $4.77 now acting as short-term resistance
- 📊 Structure: Emerging downtrend with resistance overhead at $4.83–$4.86
APT’s quick drop and partial recovery hint at indecision — bulls defended the $4.75 zone, but upside momentum is lacking for now. A clean reclaim of $4.80 would shift sentiment back toward neutral. If not, eyes are on $4.62 as the next support.
Stay nimble — this one could go either way depending on broader market cues.
