Aptos (APT) Surges as Institutional Demand Fuels Breakout Above Key Resistance

Aptos (APT) climbed 7.8% in the past 24 hours to trade at $1.91, outperforming the broader crypto market as strong institutional inflows pushed the token through a major resistance level. The move from $1.78 to $1.91 reflects renewed bullish momentum, supported by firm buying interest and confirmed by CoinDesk Research’s technical analysis model. According to the data, APT has established a solid support level at $1.74, which has repeatedly held during recent market pullbacks.

The broader CoinDesk 20 index also trended higher, posting a 5% gain during the same period. However, APT stood out as trading activity surged well above typical levels. Volume increased 30% compared to the 30-day average, signaling that the rally is being driven by institutional participation rather than short-term retail speculation. As price broke through the $1.80 resistance level, APT saw volume spike to 4.83 million tokens—142% above its 24-hour average—further validating the strength of the breakout.

Technical indicators continue to highlight bullish structure, with APT forming a clean ascending channel supported by higher lows at $1.81, $1.846, and $1.858. Analysts note that each incremental move upward brings in additional institutional interest, reinforcing the momentum behind the rally. The next key upside target sits at the psychological $1.90 level, which aligns with the token’s broader uptrend. Traders are watching this zone closely, with recommended stop-loss placement just below the $1.74 support area.

Despite the positive momentum, Aptos faces a notable event: a $19.8 million token unlock scheduled for Dec. 12, representing roughly 1.5% of the project’s market capitalization. While token unlocks can introduce short-term volatility, current market conditions suggest participants remain focused on APT’s strengthening technical outlook and rising demand from large-scale investors.