Aptos (APT) Breaks Out of Consolidation, Gains 4% as Support Holds Firm
Aptos’ APT token surged over 4% on Monday, breaking out of a tight consolidation range as strong volume and technical indicators point toward further upside, according to CoinDesk Research’s latest model-based analysis.
The digital asset rallied from $4.65 to as high as $4.85, with buying momentum accelerating after it decisively cleared previous resistance levels. At the time of publication, APT was trading 2.6% higher at $4.86.
The broader crypto market also saw modest gains, with the CoinDesk 20 Index up 1.75% on the day.
Technical Highlights
- Consolidation Breakout: APT had been consolidating between $4.65 and $4.73 before breaking out sharply at 09:00, supported by nearly double its average 24-hour volume.
- Volume-Driven Rally: A notable surge occurred during the 16:00 candle, when volume spiked to 884,397 units, confirming strong bullish conviction as the token pushed through resistance.
- Support and Resistance Zones: Following the breakout, support was firmly established at $4.73, with the price moving in an ascending channel and testing resistance at $4.85.
- Higher Lows & Momentum: Price action formed a consistent pattern of higher lows, signaling sustained upward momentum. A key technical development took place at 20:01, when APT broke past $4.85 on solid volume (10,126 units).
- Retest Strength: The $4.84 level held through multiple retests in the final minutes of trading, reinforcing it as a critical support zone. A subsequent surge, supported by 9,094 units of volume, suggests potential for a continued rally.
Outlook
With price holding above former resistance and volume continuing to build, APT appears to be gaining traction for a potential move higher. Should buying pressure persist, the next upside target may form above the $4.90–$5.00 psychological zone.
