$APT keeps printing lower lows. -16.7% this week and no clear floor yet 📉
Structure (4H):
• Lower lows: 0.695 → 0.688 → 0.685 → 0.674 (today)
• Lower highs: 0.781 → 0.714
• Price 0.690, riding the downtrend line from Oct 23
• Below EMA 20 (0.703) and EMA 50 (0.736)
RSI 39. Selling is slowing (the drops are getting smaller), but there's no reversal signal yet.
Rule of thumb: don't catch a falling knife until it stops making lower lows.
Levels for $APT :
🟢 4H close above 0.714 → downtrend broken, 0.736 (EMA 50) next
🔴 Lose 0.674 → 0.65 is the next support
Shorts are in control until 0.714 goes. Bulls need a higher low first.
Watching $APT for a bottom? 👇
NFA
#Aptos #Altcoins #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
Structure (4H):
• Lower lows: 0.695 → 0.688 → 0.685 → 0.674 (today)
• Lower highs: 0.781 → 0.714
• Price 0.690, riding the downtrend line from Oct 23
• Below EMA 20 (0.703) and EMA 50 (0.736)
RSI 39. Selling is slowing (the drops are getting smaller), but there's no reversal signal yet.
Rule of thumb: don't catch a falling knife until it stops making lower lows.
Levels for $APT :
🟢 4H close above 0.714 → downtrend broken, 0.736 (EMA 50) next
🔴 Lose 0.674 → 0.65 is the next support
Shorts are in control until 0.714 goes. Bulls need a higher low first.
Watching $APT for a bottom? 👇
NFA
#Aptos #Altcoins #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
