Aptos has a strongly bullish structure across multiple timeframes and is likely to rally higher provided the market sentiment stabilizes.
has a bullish structure on the weekly chart and maintained its upward trajectory despite the volatility and fear in the market in the past week. The breakout past $7.5 saw a pullback alongside the rest of the market.
Despite this fearful setting, the price did not fall below $7.57. This level was the high in August that was used to plot the Fibonacci retracement and extension levels. The 61.8% extension at $9.58 lined up well with a weekly bearish order block around $10.
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