Are you watching the Aptos market after today’s early breakout? The APT price surged from $5.70 to above $6.05 in a strong bullish wave, hinting at a possible continuation, until sellers took control near $6.10. A swift reversal followed, pushing the Aptos price back below key levels like $5.95. Technical indicators like RSI and MACD have since turned bearish, signaling a shift in sentiment. If you’re tracking APT Breakout patterns or looking for fresh entry zones, let’s walk through the key levels and market behavior over the last 24 hours.
Aptos (APT) Price Analysis For May 23, 2025
The APT price analysis shows a strong bullish push early in the day that eventually gave way to consistent selling pressure, as the Aptos price failed to maintain its momentum beyond the $6.10 level. The market started quietly, with APT consolidating within a narrow trading range of around $5.70 by 01:00 UTC. Momentum remained neutral during this phase, with the RSI holding steady and MACD showing a slight bearish bias through a death cross. Around 01:30 UTC, the APT price broke out of the range, marking a clean APT breakout. A sharp upward move followed, and the price entered an upward channel until 03:30 UTC.
Chart 1- APT/USDT M1 Chart, Analysed By Anushri Varshney, Published on TradingView, May 23, 2025
This bullish leg pushed the Aptos price steadily higher, from $5.70 to a peak above $6.05. During this uptrend, the MACD triggered multiple golden crosses, while RSI moved into overbought territory twice; once at 02:00 and again just before the top. However, signs of weakness started creeping in by 03:45 UTC. A rejection near $6.10 triggered a sharp shift. The MACD crossed bearish, and the RSI pulled back from overbought levels. The Aptos price began to unravel as the bullish momentum faded after 04:00 UTC.
APT Price Drops Below $5.95, Finds Support at $5.76 Amid Bearish Shift
By 04:00 UTC, APT had lost steam, sliding out of its upward channel. A short-lived attempt to regain control around 04:30 UTC led to another upward channel formation, but it failed to gain traction. From 05:00 UTC onward, the tone shifted decisively bearish. APT price broke below $5.95 and started forming lower highs and lower lows.
This marked the beginning of a larger downward channel that has continued into the present. Several death crosses on the MACD between 05:30 and 07:00 UTC reinforced the weakness, while the RSI consistently dropped into oversold zones around 25. By 07:45 UTC, APT touched intraday support near $5.76 and continues to hover just above that level. Despite brief attempts at bouncing, the indicators remain weak. With RSI holding below 30 and MACD still trending lower, buyers remain inactive.
APT Breakout Fails to Hold as Aptos Price Slips Into Bearish Zone
Despite an early APT breakout that pushed the Aptos price above $6.05, bullish momentum couldn’t hold through the session. Repeated rejections near $6.10 and a series of death crosses on the MACD signaled fading strength as the market shifted into a bearish trend. The downward channel that formed in the latter half of the day clearly shows sellers are now in control, with the APT price struggling to stay above key support at $5.76. RSI consistently dipping into the oversold region highlights the weakness, and unless a strong reversal emerges, any bounce is likely to face immediate resistance near $5.90 and $6.00.
Traders should watch for a MACD golden cross or a clean breakout above the descending channel before anticipating a recovery. Until then, the APT price remains vulnerable, and short-term sentiment leans bearish. The next move will likely depend on whether bulls can defend $5.70 or if further downside opens toward $5.65.
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