The price of Aptos (APT) has just completed an important technical move. After breaking out of a long-term descending trendline, APT pulled back to retest that same trendline as support.
This is a setup for a bullish continuation and signals that the market might be preparing for a significant move higher.
What you'll learn 👉
Aptos Price Finds Support at Key Level
This setup was highlighted by Rose Premium Signals (@VipRoseTr), who pointed out the clean breakout of the downtrend and the subsequent retest. According to their analysis, the retest aligns closely with the 0.618 Fibonacci retracement level, adding further weight to the idea that this is a bullish continuation pattern.
What makes this pattern strong is that price didn’t just touch the previous resistance zone and collapse. Instead, it formed higher lows during the pullback, suggesting that buyers are stepping in at increasingly higher levels. This kind of behavior often hints at underlying demand and growing confidence among traders.
What Comes Next for APT Price?
If this retest holds, the Aptos price could be gearing up for another leg upward. The projected targets shared in the chart are clear. The first target sits around $6.20, which marks a key short-term resistance. If momentum continues beyond that, the next target lies at approximately $7.40. Both of these levels represent logical zones where traders might look to take profit, but also where new breakouts could potentially be sparked.
Read Also: Market Eyes Bittensor (TAO) as It Breaks a Key Trendline – What Comes Next for the Price?
At the time of this analysis, APT is trading around $5.39. The bullish scenario remains valid as long as the price holds above the broken trendline zone, which also coincides with the key Fibonacci level around $5.20.
All signs now suggest that Aptos might be ready for its next rally phase. Traders should keep an eye on those target levels and watch how APT behaves in the coming days.
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