#APT Ready for a Massive Move or Not? Bulls Ready to Push it Yello, Paradisers! Is #APTUSDT gearing up for a breakout, or are we at risk of a bearish breakdown? Letโs dive into the key levels of #Aptos:
๐The 8-hour chart shows a clear falling wedgeโa bullish reversal patternโsuggesting a potential breakout could be on the horizon. The multiple liquidity sweeps at the lower boundary (marked by green arrows) indicate the market has already flushed out weak hands. However, to confirm the move, #APTUSD needs a decisive breakout above the wedgeโs descending resistance line.
๐#APT is currently approaching a significant resistance at $10.78, sitting just above the descending wedgeโs upper boundary. If price action breaks and closes above this level, it could trigger a bullish rally toward the $14.00โ$15.00 major resistance zone, where sellers are likely to step in. Watch this level closely, as it holds the key to further upside momentum.
๐On the downside, the $7.2 strong demand zone has supported buyers and remains a key defense area. If this level fails to hold, the next line of resistance for the bulls is $5.69. These support zones have already been held multiple times and the probability is high that these will be held now too.
๐If #APT closes below the $5.69 level, it would invalidate the bullish setup and open the door for a sharper decline toward lower lows.
Stay focused, patient, and disciplined, Paradisers๐ฅ
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