Aptos stood at a critical point on its daily chart, resting on the confluence of the 20 EMA, 50 EMA, and the trendline of a wedge pattern.
APT’s press time position near the confluence of the 20 EMA, 50 EMA, and the lower trendline of the rising wedge pattern can set the stage for buyers to re-enter the market.
A breakout above this level could open the doors to further gains, possibly driving the price toward the next resistance level at $7.7 . If the MACD line crosses below the signal line, it could signal increasing bearish pressure—supporting the case for a breakdown below the wedge.
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