Aptos Rebounds Sharply After 10% Drop as Buyers Defend Key Support

The cryptocurrency market faces renewed pressure as global economic tensions intensify, with APT experiencing significant volatility amid broader market uncertainty. After dropping over 10% from $5.058 to $4.548, APT has begun stabilizing at critical support levels, showing resilience despite macroeconomic headwinds. Trading volumes peaked during the sell-off period but have since shifted toward accumulation patterns, suggesting institutional interest remains despite the turbulent global economic landscape. Technical Analysis Highlights APT experienced a substantial 10.08% correction, dropping from 5.058 to a low of 4.548 before staging a recovery. Sell-off intensified during the 22:00-00:00 period with above-average volume (2.7M-2.9M). Strong support established at the 4.55-4.60 zone where buyers emerged. Recovery phase showed consistent accumulation with price stabilizing between 4.60-4.70. Bullish move toward 4.75 during final hours on increased volume suggests renewed buying interest. Hourly price action formed a rounded bottom pattern before rallying in the final minutes. Substantial volume spikes at 14:01-14:02 (55K-32K) pushed prices back above 4.70. Hourly consolidation between 4.686-4.750 indicates stabilization attempts after the correction. External References ” June Token Unlocks Top $3.2 Billion: Altcoins SUI, APT, ZRO Brace For Volatility “, Coin Edition, published May 30, 2025.

Source: CoinDesk