APT Token Breaks Key Resistance, Signals Bullish Momentum

Aptos' native cryptocurrency, APT, surged over 4% after breaking through a key resistance level, signaling renewed bullish momentum. According to CoinDesk Research’s technical analysis, APT climbed past the crucial $5 threshold and is now trading around $5.065, up 4.2% in the past 24 hours.

Despite a 19% decline over the past month and intensifying competition from other Layer 1 blockchain platforms, APT’s latest rally suggests potential accumulation before a bigger move. Analysts noted that the token found strong support at $4.927 after clearing the psychological barrier at $5. This breakout was supported by high trading volume, with over 149,000 units exchanged during the move.

Price action formed a consolidation pattern—often referred to as a bull flag—between the $5.00 to $5.10 range. A breakout above the $5.090 resistance followed, pushing prices higher. After a brief pullback, APT established a new support level at $5.045. The final 15-minute candle showed tight consolidation between $5.045 and $5.062, hinting at possible accumulation before another upward leg.

Meanwhile, the CoinDesk 20 Index, which tracks broader crypto market sentiment, rose 3% during the same period, suggesting positive overall market momentum.

APT’s price range during the analyzed session spanned 5.4%, or 0.261 points, from low to high. This breakout and consolidation behavior is often a precursor to further gains, especially if buying volume continues to rise. Traders and investors may now look to the $5.138 area as the next resistance to watch.

As Aptos continues to develop its ecosystem, this technical breakout places APT back in focus for momentum traders and long-term holders alike.