APT Surges Against the Odds – Is the Rally Just Getting Started?

Aptos breaks out of a falling wedge, reclaiming the $5 level with strong momentum.

Spot inflows and DEX volume rise, signaling renewed interest and possible bullish continuation.

Taker sell dominance and liquidation zones suggest caution despite technical strength.

After months stuck in a falling wedge, Aptos — APT, finally broke out. The breakout wasn’t quiet or uncertain. It slammed through resistance, climbed 8.09%, and hit $5.19. Traders who had nearly written it off are now scrambling to understand this move. While price paints a bullish picture, not all the signs scream “green light.” Is this the beginning of a true rally or a tempting trap?

The Chart Looks Strong, But the Story’s Split

The falling wedge finally cracked, and price flipped old resistance into new support. On paper, that’s bullish. Analysts now eye $6.30 and even $8.00 as the next major targets. Technicals favor upside. Still, not everything lines up. One glaring red flag stands out—Spot CVD. Spot CVD (Cumulative Volume Delta) exposes market behavior beneath the surface. Right now, sellers dominate. Traders keep selling into the rally. That’s not something you’d expect during a breakout.

This mismatch between price and volume raises questions. It can signal a false breakout or hint at a pending pullback. Traders should remain cautious. Momentum may seem unstoppable, but sentiment tells a different story. If sell pressure lingers while price hovers above $5, volatility could return fast. But there’s more. Despite seller activity, Aptos recorded nearly $1 million in net inflows. That means someone’s buying, and they’re doing it confidently. These spot inflows on centralized exchanges point to accumulation. They don’t match a “pump and dump” move.

DEX Volume and Liquidations Paint a Tense Picture

Decentralized exchange activity exploded. In the past 24 hours alone, DEX volume hit $219.73 million. That’s not just numbers—it reflects growing confidence in Aptos' ecosystem. Weekly volume soared by 16.96% to reach $1.511 billion. This isn't just trader hype. It signals genuine interest in the Aptos network. Strong DEX engagement often helps stabilize prices. When users interact with the chain, demand builds. This can solidify support zones and attract more capital.

But the heatmap brings tension. Between $5.00 and $5.40, dense liquidation clusters form pressure zones. These areas magnetize price action. If Aptos climbs, those short positions could get squeezed, accelerating gains. Think dominoes—one trigger can set off a rush of liquidations. However, danger lurks below $5. If the price drops, bulls risk losing control. That area remains critical. A bounce above could ignite a full rally. A slip beneath might invite swift downside.

Aptos has flashed promise before, but this time feels different. The price move isn’t alone—it rides on volume, inflows, and growing on-chain activity. Still, red flags remain. Seller dominance and leverage risks could slow or reverse this breakout. The wedge pattern broke. Support held. Spot inflows continue. DEX users are active. If bulls defend their turf and attract more capital, APT could reach $6.30 soon—and maybe even $8.00.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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