APT drops as the broader crypto sector struggles.

Aptos (APT) Slides as Crypto Markets Pull Back

Aptos (APT) fell 1% over the past 24 hours to $1.56, mirroring weakness across the broader crypto market. At the same time, the CoinDesk 20 index declined 0.6%.

The token traded within a $1.62–$1.56 range, reflecting 3.6% intraday volatility, according to CoinDesk Research’s technical analysis model. Bulls and bears clashed near $1.63 resistance during evening trading, while support held firm around $1.56 amid thin holiday volumes.

Volume jumped 71% above the 24-hour average to 4.69 million tokens, coinciding with selling pressure from the session high of $1.62. Earlier, APT completed a double-bottom at $1.52 before rallying past $1.56.

Technical Summary:

• Key resistance remains at $1.66, with support near $1.56
• Volume is 11% lower versus 30-day averages, though spikes above 46,000 tokens suggest pockets of accumulation
• Double-bottom at $1.52 helped trigger the rally above $1.56
• Upside targets $1.58–$1.585, while a drop below $1.56 could retest $1.52