Despite $960M in Altcoin Wipeouts, APT Bounces 5% From Recent Lows

Aptos (APT) Defies Market Slump With Strong Bounce From Lows

Aptos’ native token APT saw a sharp reversal from session lows on Thursday, outperforming the broader crypto market amid heightened volatility and widespread liquidations.

Over the 24-hour period, APT moved within a 5.4% trading range, bouncing from a low of $4.53 to as high as $4.79, per CoinDesk Research’s analysis. A major breakout occurred at 14:00 UTC on July 24, when the token surged from $4.59 to $4.75 on heavy volume of 3.64 million. That breakout established a key support floor near $4.59.

Despite broader pressure, APT managed to hold above $4.60 in subsequent trading, even as it faced stiff resistance around $4.75–$4.79.

The rally came against a backdrop of nearly $960 million in liquidated altcoin positions across the crypto ecosystem. Meanwhile, the CoinDesk 20 Index slipped 0.6%, signaling broader market weakness.

APT was last seen trading at $4.695, up 1.2% over the past 24 hours.

Key Technical Takeaways:

The price bounced off $4.62 early in the session, confirming support.
A swift move to $4.67 followed, signaling bullish momentum.
The $4.58–$4.60 zone remains a strong support area.
A pattern of higher lows has emerged, suggesting continued upside potential toward the $4.75–$4.79 resistance range.