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Cryptocurrency News Articles
Aptos (APT) Cup and Handle Pattern Promises Bullish Breakout, Targets $8.80 and $10.62
May 15, 2025 at 10:00 am
Aptos (APT) is currently trading at $5.79, and technical analysis suggests a potential bullish breakout in the near term. The 4-hour chart reveals a well-formed Cup and Handle pattern
Aptos (APT) price is showing a potential bullish breakout according to technical analysis. The 4-hour chart reveals a well-formed Cup and Handle pattern, often a bullish continuation signal.
The Cup and Handle formation started developing in March 2025 with Aptos forming a rounded bottom through April, creating the ‘cup.’ This shape typically reflects a market shift from selling pressure to accumulation.
Early in May, the price moved into a slight downward channel, forming the ‘handle.’ This segment is usually a brief consolidation and a common feature before a potential breakout.
The upper resistance line is drawn at approximately $6.00, a level that has been tested multiple times. A sustained move above this point, especially with an increase in volume, would confirm the breakout and likely trigger a rally toward key upside targets.
Aptos Targets $8.80 and $10.62 After Breakout
The immediate resistance, often seen as the breakout zone, lies at $6.00. If the price manages to push above this level, the first target to watch is $8.80, which marks the last major resistance tested back in February 2025.
A further move upward could see the price reaching the second target at $10.62, which corresponds to the high recorded in early January 2025.
On the downside, key support levels are found at $5.00, aligning with the handle base of the pattern, and at $4.04, which represents the base of the cup. These levels act as critical checkpoints for bullish momentum and potential reversal zones in case of a pullback zones for traders watching APT closely.
The strength of the handle consolidation and proximity to key support zones adds credibility to the setup, making Aptos one of the altcoins to watch closely.
The overall market environment, volume confirmation, and broader sentiment will play a role in determining whether APT can continue this move. That said, the presence of a clean Cup and Handle pattern is a positive technical signal.
Aptos (APT) is showing one of the more reliable bullish formations in crypto technical analysis. With a Cup and Handle setup in play and price hovering just below the breakout line, APT could see strong upside if momentum holds. Traders should watch the $6.00 level closely for confirmation.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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