【Old Leek Observation】 $APT
APT’s rebound this time has momentum, but it is about to face a supply-side test.
On October 9, APT rose about 10.6% in a single day, rebounding from around $0.74, and on October 10 it once surged to around $0.84, with 24-hour trading volume exceeding $120 million.
However, according to a third-party unlock calendar, about 11.31 million APT are scheduled to be unlocked on October 11, worth about $8.69 million, accounting for about 1.3% of the circulating supply.
An unlock does not necessarily mean the project team will sell tokens, but short-term funds will definitely pay attention to the new supply. It is not appropriate to chase after a big bullish candle right now. Focus on whether it can hold steady when it pulls back to $0.79–$0.81,
Entry: $0.79–$0.82 (after pullback and stabilization)
Take profit: $0.85 / $0.88 / $0.92 / $0.97 / $1.03
Stop loss: $0.75
APT’s rebound this time has momentum, but it is about to face a supply-side test.
On October 9, APT rose about 10.6% in a single day, rebounding from around $0.74, and on October 10 it once surged to around $0.84, with 24-hour trading volume exceeding $120 million.
However, according to a third-party unlock calendar, about 11.31 million APT are scheduled to be unlocked on October 11, worth about $8.69 million, accounting for about 1.3% of the circulating supply.
An unlock does not necessarily mean the project team will sell tokens, but short-term funds will definitely pay attention to the new supply. It is not appropriate to chase after a big bullish candle right now. Focus on whether it can hold steady when it pulls back to $0.79–$0.81,
Entry: $0.79–$0.82 (after pullback and stabilization)
Take profit: $0.85 / $0.88 / $0.92 / $0.97 / $1.03
Stop loss: $0.75