Aptos (APT), which fell 14 percent in the last 24 hours due to the unlocking and the market’s withdrawal, scares its investors.
4.54 million Aptos (APT) will be released at 03:00 on September 12. The significant amount of tokens to be unlocked and BTC’s downward trend has devastated APT. APT, which has fallen much more than other altcoins, has lost 14 percent of its value in the last 24 hours. What is the technical side of APT, which continues to pose risks due to the time it takes to unlock? To what levels can withdrawals occur?
Aptos (APT) chart evaluation
APT, which has moved down sharply from $5.68, is currently trading at $4.99. The danger is not over yet for APT, which managed to recover even though it neglected the 4.93 support. The popular coin, which will be unlocked hours later, may loosen to $4.78 and $4.33 if it cannot maintain $4.93.
BTC’s volume increase or the end of the selling pressure on APT will gradually improve the price structure. The resistance points that can be targeted in such a scenario are 5,035 – 5,176 – 5,445 – 5.60 – 5.77 – 6.13 and 6.44 dollars respectively. In particular, the $5,377 – $5,445 range may be a deciding factor in APT’s short-term movements.
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