APT Token Declines 4% Amid Market Uncertainty and Volatility
Aptos APT fell by 4% amid trade tensions and market uncertainty. The token faced significant price volatility, with selling pressure breaking through multiple support levels.
Current status:
- APT consolidated above 4.77, recovering nearly half of its daily losses.
- Traded within a 3.6% range (high of 4.945, low of 4.751) over 24 hours, establishing resistance at 4.83-4.86.
- Heavy selling volume (1.25M) formed strong support at 4.77, tested repeatedly.
- Price action indicates consolidation after a downtrend with attempts to maintain control above 4.78.
- In the last hour, APT dropped 2.1% from 4.864 to 4.762, forming a descending channel with resistance rejections.
- Volume surged between 13:45-13:54, with over 30,000 units traded per minute, temporarily stabilizing at 4.764.
- Current price action shows stabilization around 4.771 post-decline.
- The CD20 index was down over 2% at publication time.