Aptos is under pressure from a key resistance level at $5.44, monitoring potential changes in its price dynamics.
Current Price Situation of Aptos
Crypto analyst Rekt Capital reports that Aptos is stuck below a macro-resistance level at $5.44, which has turned into a firm ceiling after previously being support. The price has repeatedly tested this level over the past 2.5 months but has been unable to break through.
Weekly Chart Signals
On the weekly chart, Aptos displays both early signs of strength and key vulnerabilities. Higher lows have been forming, suggesting gradual bullish trend development. The Relative Strength Index (RSI) has broken out of its red downtrend and is entering a fresh technical uptrend. It is notable that RSI consolidation in certain price zones has preceded previous upward breakouts.
Key Support Levels and Scenarios
The early April 2025 lows now serve as a critical support area. For further momentum, Aptos must: 1) Form a higher low above that level; 2) Or develop a double bottom, which would shape a textbook W-formation in the price action. If either scenario plays out, it could gain the strength needed for a third breakout attempt and potentially reclaim the macro range.
APT is at a crossroads. The RSI signals building strength, but price must confirm it. A breakout above $5.44 could reignite a macro bullish trend, while the current situation remains tense.
