After a sharp correction, APT price has stabilized in a key accumulation zone between $7.50 and $8.50. This zone signals strong buying interest and potential for further bullish momentum. Clearing the $10 resistance could propel APT towards $12.50 and $15. Technical indicators suggest consolidation, with immediate resistance at $8.71 and $8.95. Support remains at $8.50, with potential for further declines towards $8.00 if breached.
has experienced a sharp correction, but at press time, the price had moved to consolidate in a crucial accumulation zone between $7.50 and $8.50.
This zone, marked on the chart as an “area to hold for continuation,” indicates strong buying interest that could pave the way for further bullish momentum.If APT successfully clears the $10 resistance, it could pave the way for further advances toward $12.50 and $15. Crypto analyst Michaël van de PoppeAPT’s recent Golden Cross suggested bullish momentum.
But since then, the price has since fallen below both moving averages at $8.71 and $8.95, making these immediate resistance levels.The Money Flow Index was at 36.36, pointing to mild accumulation without significant buying pressure. Support at $8.50 remained critical, with further declines possible toward $8.00 if this level is breached. A move above $9.18 could signal renewed strength and open the door to higher resistance levels., APT’s Open Interest was $224.99 million at press time, reflecting an 8.89% increase over the past 24 hours.Historical OI trends showed fluctuations throughout 2024, peaking near $400 million in March and November.Liquidation levels remained low, signaling moderate leverage in the market.
APT Cryptocurrency Technical Analysis Bullish Momentum Resistance Levels
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