APT Defies Market Turmoil With 5% Rebound as Altcoins Suffer $960M in Losses

Aptos (APT) Rallies Intraday Despite Broader Market Liquidations

Aptos’ APT token posted a notable intraday breakout on July 24, defying a wave of altcoin liquidations that erased nearly $1 billion in leveraged positions across the crypto market.

APT traded in a 5.4% range during the session, moving from a low of $4.53 to a high of $4.79, per CoinDesk Research data. The rally began around 14:00 UTC, when price spiked from $4.59 to $4.75 on elevated volume of 3.64 million, reinforcing support at the $4.59 level.

The breakout helped APT stay consistently above $4.60 for the rest of the day, although price met strong resistance in the $4.75–$4.79 zone. The broader market remained under pressure, with the CoinDesk 20 Index down 0.6% at last reading.

Despite this turbulence, APT closed the day 1.2% higher at around $4.695, underscoring the token’s relative strength in a risk-off environment.

Technical Overview:

• A retracement to $4.62 early in the session laid a solid support base.
• APT reclaimed momentum, reaching $4.67 shortly after 08:00 UTC.
• Price action confirmed buyer interest between $4.58 and $4.60.
• Higher lows and strong volume suggest bullish structure remains intact.
• Resistance remains firm at $4.75–$4.79.

APT’s performance stands out amid a shaky altcoin landscape, with traders watching for a confirmed breakout above resistance to signal further upside.