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Aptos (APT) Drops 1% as Token Tracks Broader Crypto Market Weakness
Source: CryptoNewsNet Original Title: Aptos’ APT drops as token tracks broader crypto market weakness Original Link: https://cryptonews.net/news/analytics/32185094/ APT slipped 1% to $1.56 over the last 24 hours, as wider crypto markets also retreated.
The token traded between $1.62-$1.56 during the 24-hour period, establishing a $0.06 range representing 3.6% intraday volatility, according to technical analysis.
The analysis showed a battle between bulls and bears at $1.63 resistance during evening hours.
Support held firm near $1.56 as momentum faded into thin holiday trading.
Volume spiked 71% above the 24-hour average to 4.69 million tokens, coinciding with selling pressure from the session peak of $1.62.
The token completed a double-bottom formation at $1.52 support before rallying through $1.56 resistance.