Aptos (APT) dropped 5% to $1.50 over the past 24 hours.
The model showed that APT spiked to $1.64 on heavy volume before crashing back down. This created strong resistance at that level.
The decline in APT came as wider crypto markets also fell, The broader market gauge, the CoinDesk 20 index, was 2.1% lower at publication time.
Technical Analysis:
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Strong resistance established at the $1.64 level following volume spike rejection
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The volume surge to 6.88 million confirmed selling pressure at 258% above the 24-hour SMA
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Sustained volume above 6 million during breakdown phases validated the bearish structure
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Lower highs and lower lows established the bearish structure
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Immediate resistance at $1.53 must be reclaimed for recovery
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A break below $1.515 support targets lower levels while $1.64 remains key upside barrier