Aptos (APT) slipped on muted volume as bulls struggle to build momentum
Aptos (APT) traded around $1.70 after a 1.7% decline over the past 24 hours from $1.6791, underperforming the broader market: the CoinDesk 20 index (CD20) was down about 0.7% at publication time. Trading activity was notably subdued — APT’s volume ran roughly 16% below its 30-day average — a signal CoinDesk Research’s technical model interprets as limited institutional conviction behind the recent price moves.
The model flagged a choppy intraday range: APT swung about $0.12, roughly 6.7% of its value, highlighting heightened short-term volatility. An early-morning breakout attempt ran into resistance near $1.78 and failed on elevated volume, according to the analysis.
With no clear new fundamentals driving price action, technical levels have taken center stage. APT consolidated between established support around $1.69 and resistance close to $1.80. The token’s rebound from intraday lows suggests there is still enough buying interest to prevent a sharper decline — even if conviction remains thin.
Disclaimer: Parts of this article were generated with the assistance of AI tools and reviewed by our editorial team for accuracy and adherence to CoinDesk’s standards. For more information, see CoinDesk’s full AI Policy.
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