Aptos (APT) continues to trade within a long-standing horizontal range, with its price oscillating between established support and resistance levels. Despite a sharp sell-off in recent days, the token has found support near the $5 mark, a zone that has historically acted as a strong accumulation area.
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APT Holds Crucial Support Amid Recent Sell-Off
Daan Crypto Trades shared an analysis highlighting Aptos’ price behavior, noting its consistent movement between key horizontal price levels.
The 3-day chart reflects a range-bound structure, with resistance between $15 and $17 and support in the $5 to $5.50 zone. The recent dip brought APT close to sweeping August lows, but buyers stepped in to defend the $5 level once again.
The token has yet to establish a macro uptrend, remaining within a horizontal channel since its inception. Over the past week, APT dropped 22%, reflecting strong bearish momentum.
However, the current price action resembles previous accumulation cycles, where the price wicks into the $5 region before rebounding. A breakdown below this level could trigger a move toward $3.50–$4, according to Daan Crypto Trades’ chart.
Aptos Market Sentiment and Recent Developments
Despite recent volatility, Cactus, another analyst, expressed optimism about Aptos’ future trajectory. He pointed out that the recent price wick could indicate a short-term bottom and does not expect APT to stay under $7 for long.
$APT / USD
— Cactus (@thecryptocactus) February 5, 2025
happy to just add to my position, ATH waiting room
– nice wick, wouldn't expect to stay under $7 for long
– recently native USDC went live on @Aptos
– over 2.9m new users over the past week
– TVL so close to hitting 1b pic.twitter.com/5Jpj69jPoK
Cactus also highlighted recent ecosystem developments, including the launch of native USDC on the Aptos network and an influx of over 2.9 million new users in the past week. Additionally, the total value locked on the network is approaching the $1 billion mark, a sign of growing network adoption.
Read also: Buying Bitcoin (BTC) Tokens in 2025 Is a Bad Idea: Expert Analyst Reveals
Analysts Set Bold APT Price Targets
While some traders see Aptos as a range-bound asset, others predict a major bull run.
CryptoELlTES, a market analyst, announced adding APT to their portfolio at $5, targeting aggressive price milestones of $20, $40, $80, and even $100. These projections suggest high expectations for future price appreciation, contingent on APT breaking out of its current consolidation phase.
Aptos Preparing for a Major Bull Run
— @CryptoELlTES (@CryptooELITES) February 5, 2025
💼 Added to Portfolio at 5 $
📈 Targets:
1️⃣ 20 $
2️⃣ 40 $
3️⃣ 80 $
4️⃣ 100 $
#Aptos #Apt $Apt #Bitcoin $Btc pic.twitter.com/kXUDLud6J2
Aptos’ next move hinges on its ability to hold key support levels and reclaim higher price zones. If buyers continue defending the $5 region, APT could rebound toward $8–$10, with a successful break above $8.50 shifting momentum in favor of bulls.
On the downside, a breakdown below $5 could accelerate selling pressure, potentially leading to a test of lower support levels.
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