Aptos’ APT token experienced a notable surge of over 4%, fueled by strong trading volume and promising technical signals pointing to further upside. According to the latest analysis, the digital asset broke out of its recent consolidation range between $4.65 and $4.73, establishing solid support at $4.73 before rallying past previous resistance levels to hit a new local high. Currently, APT is trading around $4.86, reflecting a 2.6% increase.
The broader market also showed positive momentum, with the CoinDesk CD20 index up by approximately 1.75% at the time of writing.
From a technical standpoint, APT’s price climbed from $4.65 to $4.85, marking a 4.3% gain backed by significant trading volume. The asset had been consolidating between $4.65 and $4.73 before a decisive breakout at around 09:00, when trading volume nearly doubled the 24-hour average. Strong support at $4.73 held firm, leading to an upward channel with resistance at $4.85.
A notable volume spike during the 16:00 candle, with nearly 884,397 units traded, confirmed robust buyer interest as APT pushed through resistance levels. The price pattern showed higher lows, and resistance at $4.85 was finally broken during the 20:01 candle with substantial volume. The key move happened when the price jumped from $4.84 to $4.85, supported by strong volume confirmation of over 9,000 units.
Support at $4.84 remained solid during subsequent retests, and recent momentum suggests the potential for this upward trend to continue. As Aptos’ APT token gains steam, investors are keeping a close eye on further developments that could drive the next leg up in its rally.
