Aptos Rebounds Sharply After 10% Drop as Buyers Defend Key Support
APT demonstrates resilience following a sharp correction, with signs of accumulation emerging near the $4.55–$4.60 support zone. Traders eye a potential recovery amid ongoing global economic uncertainty.
Key Takeaways
- Strong Support: APT rebounds after a 10% drop, finding robust buying interest at $4.55–$4.60.
- Market Volatility: Geopolitical tensions and macroeconomic factors contribute to cryptocurrency market fluctuations.
- Technical Signals: Hourly consolidation between $4.686–$4.750 suggests stabilization, with volume spikes indicating accumulation.
Market Overview
On May 31, 2025, APT experienced significant volatility, dropping to $4.56** before recovering to **$4.72, with trading volume exceeding 868K. The sell-off intensified during peak hours (22:00–00:00 UTC), with volumes reaching 2.7M–2.9M.
Technical Analysis Highlights
Correction Phase:
- APT declined 10.08%, from $5.058** to **$4.548.
- Sell-off volume peaked during late-night trading.
Recovery Signs:
- Rounded Bottom Pattern: Hourly charts show a rounded bottom formation before a final-hour rally.
- Volume Spikes: Notable spikes (55K–32K) pushed prices above $4.70.
- Consolidation Range: Stabilization between $4.686–$4.750 signals reduced selling pressure.
Critical Support:
- The $4.55–$4.60 zone acted as a strong floor, attracting buyer interest.
Macroeconomic Factors
Global economic uncertainty, including U.S.-China trade tensions, continues to influence cryptocurrency markets. Despite this, APT shows resilience, with institutional accumulation patterns suggesting long-term confidence.
FAQs
Q: What caused APT’s 10% drop?
A: The decline was driven by broader market volatility and macroeconomic uncertainty, exacerbated by high trading volume during peak hours.
Q: Is $4.55 a reliable support level for APT?
A: Yes, the $4.55–$4.60 zone demonstrated strong buying interest, making it a critical short-term support level.
Q: What technical patterns suggest a recovery?
A: The rounded bottom formation and volume spikes indicate accumulation, while consolidation near $4.70 hints at stabilization.
Q: How does global uncertainty impact APT’s price?
A: Macroeconomic tensions often lead to correlated sell-offs in crypto markets, but APT’s resilience suggests underlying demand.
External References
- June Token Unlocks Top $3.2 Billion: Altcoins SUI, APT, ZRO Brace for Volatility – Coin Edition, May 30, 2025
👉 Explore real-time APT price trends
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