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APT declines 2.4% against the market trend; technical indicators enter correction phase after surge in trading volume
【Crypto World】Aptos has been interesting these days. APT’s trend has not been very promising since yesterday, currently hovering around $1.69, with a decline of 2.4%, clearly disconnected from the overall market upward trend.
This morning, trading volume suddenly surged, with over 1.2 billion tokens traded, but it couldn’t break through the key resistance at $1.75, getting stuck there. Afterwards, trading activity started to decline, and buying momentum noticeably weakened.
From a technical perspective, all indicators are showing a bearish stance. Currently, APT is consolidating here, with the $1.68-$1.69 range becoming the recent support level, while the $1.70-$1.705 range acts as the resistance zone above. If it can break through this resistance zone, it would confirm the strength of the rebound; otherwise, it is more likely to continue oscillating within this range.