The cryptocurrency market faces renewed pressure as global economic tensions are intensifying, the APT undergoing significant volatility in a broader uncertainty of the market.
After dropping more than 10% from $ 5.058 to $ 4.548, APT began to stabilize at critical support levels, showing resilience despite the macroeconomic opposite winds.
The negotiation volumes culminated during the sales period, but have since moved to accumulation models, which suggests that institutional interests remain despite the turbulent world economic landscape.
Strengths of technical analysis
- The APT experienced a substantial correction of 10.08%, from 5.058 to a minimum of 4.548 before staging a recovery.
- The sale intensified during the period of 22: 00-00: 00 with a volume greater than the average (2.7m-2.9 m).
- A solid support established in zone 4.55-4.60 where buyers emerged.
- The recovery phase has shown a consistent accumulation with price stabilization between 4.60 and 4.70.
- The upper evolution around 4.75 during the last hours on the increase in volume suggests a renewal of the purchase interest.
- The share price action has formed a rounded background motif before rallying in the last minutes.
- Substantial volume peaks at 14: 01-14: 02 (55K-32K) pushed the prices over 4.70.
- Time consolidation between 4.686-4,750 indicates stabilization attempts after correction.
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