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Aptos Drops After $52M Unlock — Support Holds or More Downside

I see Aptos dropped about 6.4% to $4.74 after an 11.31 million APT token unlock (~$52.1M) added near-term supply pressure.

Price is testing key support levels while RSI remains neutral, so momentum isn't confirming either a clean rebound or a breakdown.

I'll watch volume and follow-on selling from unlocked holders; if support holds on higher buying, a recovery is possible, but a clear breakdown would increase downside risk.

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Analysis

The large unlock increased circulating supply and coincided with a notable price drop that now tests technical support; neutral RSI indicates neither bullish nor bearish momentum, so further price act...

Recommendation

Watch price and volume closely; avoid initiating large long positions until support is confirmed or weakness subsides. Consider partial entries only after clear signs of accumulation or a rebound on h...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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