Aptos (APT) surprised traders with a 5% intraday bounce from session lows, showing remarkable strength during a sharp sell-off that wiped out $960 million in altcoin leveraged positions. While the broader market dipped, APT outperformed — gaining momentum and holding support levels with conviction.
APT Bounces From $4.53 to $4.79 on Heavy Volume
During volatile July 24 trading, APTUSD rose from a low of $4.53 to a high of $4.79, a 5.4% trading range. The biggest breakout occurred around 2:00 PM UTC, when price surged from $4.59 to $4.75 on volume of 3.64 million, according to CoinDesk Research.
This strong volume confirmed critical support at the $4.59 mark.
Despite market-wide liquidation pressure, APT sustained levels above $4.60 for most of the session. This bullish performance came while the CoinDesk 20 Index fell 0.6%, showing Aptos’ relative strength against other altcoins.
Key Technical Levels to Watch
The rally wasn’t linear. Earlier in the day, APT retraced to $4.62 around 07:53 UTC, creating a secondary support level. By 08:06 UTC, prices rebounded to $4.67, showing strong buying pressure.
Analysts note that APT has been forming higher lows, a bullish signal. It suggests a potential push toward resistance in the $4.75–$4.79 zone, which acted as a ceiling multiple times in the past 24 hours.
Support zones are now clearly visible at $4.58–$4.60, while major resistance sits at $4.79.
APT’s strength comes amid bearish sentiment across altcoins. The $960 million in liquidations was largely triggered by over-leveraged long positions, yet APT not only survived but thrived during this flush.
As of the latest data, APT is trading at $4.695, up 1.2% over the past 24 hours.
Traders may now watch for volume confirmation in upcoming sessions. A breakout above $4.79 could open room toward $5+, while failure to hold above $4.60 might invite another test of the $4.50 zone.
Conclusion
Aptos has once again shown that volume-supported bounces during bearish conditions can provide early bullish signals. With the broader market still unstable, APT’s resilience offers a glimmer of strength in the altcoin sector.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
