APT Price Underperforms as Bearish Technical Signals Dominate

Aptos (APT) showed notable weakness against the broader cryptocurrency market, declining despite a generally positive market backdrop. At the time of publication, APT was trading near $1.69, down about 2.4% over the past 24 hours, after briefly touching levels closer to $1.73. This drop contrasts with the CoinDesk 20 Index (CD20), which was modestly higher by roughly 0.5%, highlighting APT’s relative underperformance among major digital assets.

According to CoinDesk Research’s technical analysis model, the price action reflects selective investor caution toward Aptos. Over the last day, APT moved within a volatile but clearly defined range of approximately $0.09, signaling range-bound consolidation rather than a decisive trend reversal. The decline occurred on below-average overall trading interest, reinforcing the idea that buyers lack strong conviction at current price levels.

One of the most important developments was a sharp spike in trading volume earlier in the session, when about 12.2 million APT tokens changed hands. This figure was more than double the 24-hour moving average, confirming strong selling pressure and firm resistance near the $1.75 level. The failure to break above this zone suggests that sellers remain active on rallies, limiting upside momentum.

Following the high-volume rejection, APT’s price consolidated in a narrow channel. As volume normalized, momentum slowed, indicating indecision among traders. Although 24-hour volume was still around 31% higher than the seven-day average, it failed to reach levels typically associated with strong bullish continuation.

From a technical perspective, primary support is now established around the psychologically important $1.68–$1.69 area. On the upside, immediate resistance sits near $1.70–$1.705, with the broader range high at $1.75 acting as the next major hurdle. Short-term charts show a mild recovery attempt, but technical indicators across multiple timeframes continue to flash predominantly bearish signals.

Overall, Aptos remains locked in a consolidation phase, with downside risks persisting unless buying volume increases and price can reclaim key resistance levels.