🚀 Aptos (APT) Price At a Crossroad! Bulls or Bears in Control?
Aptos (APT) is facing strong selling pressure near the $10.50 resistance level, showing that the bears are still defending their ground at higher levels. 🐻 However, the bulls aren’t backing down easily!
Buyers need to hold the price above $9.50 to keep the momentum alive for a potential breakout above $10.50. If that happens, APT/USDT could surge toward $14.50, where profit-booking may kick in. 💰
On the flip side, a break below $9.50 could lead the pair to test the 20-day EMA ($8.48). 📉 A strong bounce off this level could fuel another attempt to push past $10.50. But if the price dips below the 20-day EMA, it signals that the bears are trying to make a comeback.
📊 4-hour chart outlook:
Bears are fiercely defending the $10.50 level, but a silver lining is that bulls haven’t lost much ground. This shows that buyers are optimistic and expect the pair to move higher. 🤞 A break and close above $10.50 could open the doors to a rally toward $12.
However, if APT breaks below the 20-EMA, it could suggest profit-taking by bulls, leading the pair to drop toward the 50-SMA. Will the bulls secure victory, or are the bears set to take over? 🧐
Key Levels to Watch:
• Resistance: $10.50, $12
• Support: $9.50, 20-day EMA ($8.48)
Let’s see which side wins this battle!
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