APT slides alongside the wider cryptocurrency market downturn.

Aptos (APT) Dips Amid Broad Crypto Market Weakness

Aptos (APT) fell 1% over the past 24 hours to $1.56, as broader crypto markets also retreated. The CoinDesk 20 index was down 0.6% at the time of publication.

During the 24-hour period, APT traded between $1.62 and $1.56, marking a $0.06 range and 3.6% intraday volatility, according to CoinDesk Research’s technical analysis model. The token faced resistance near $1.63 in evening trading, while support held firm around $1.56 amid thin holiday volumes.

Trading volume surged 71% above the 24-hour average to 4.69 million tokens, coinciding with selling pressure from the $1.62 session high. Earlier, APT formed a double-bottom at $1.52 before rallying above $1.56 support.

Technical Highlights:

Key resistance sits at $1.66, with support consolidating near $1.56.
Volume is down 11% versus 30-day averages, signaling trader fatigue, though spikes above 46,000 tokens show pockets of accumulation.
The double-bottom at $1.52 helped trigger the recent rally, creating potential for further moves above $1.56.
Upside targets the $1.58–$1.585 resistance zone, while a drop below $1.56 could lead to a retest of $1.52 support.