Aptos (APT) price action has gained momentum with recent analysis suggesting that it could follow a price trajectory similar to SUI. According to a tweet from analyst Chiara.sol, Aptos has been demonstrating strong bullish momentum, similar to SUI’s recent rally.
The token has surged over 60% in the past month, and the current technical setup suggests that further gains might be on the horizon. Chiara’s tweet highlights a key resistance zone that Aptos is currently testing, with buyers piling in, making any pullback a potential buying opportunity.
Aptos Tests Key Resistance Zone
Aptos is trading around $10.12, pressing against a critical resistance zone between $10 and $11. Historically, this area has acted as a supply zone, leading to price rejections in previous attempts. However, the current bullish momentum could push the token beyond this barrier, as seen in its recent rally.
The chart analysis shared by Chiara.sol points to a potential breakout above this supply zone. If Aptos successfully breaks through, it could pave the way for a price surge, similar to what occurred with SUI, another token that recently saw liquidity inflows and a price surge.
Strong Bullish Momentum and Price Targets
The momentum behind Aptos is evident, with the token experiencing a more than 60% gain over the past month. The analysis indicates that if the current trend continues, Aptos could target the $18 to $19 price range. This would represent a nearly 100% increase from its current levels.
Buyers are showing increased interest, pushing Aptos higher and making any pullbacks to the $9-$10 range potential buying opportunities. According to Chiara, this zone could act as support if the resistance is broken, and buyers may step in to capitalize on any dips.
Chiara.sol’s analysis draws comparisons between Aptos and SUI, both of which have seen increased liquidity and buyer interest. As Aptos approaches a crucial resistance, it mirrors the pattern seen in SUI, where a similar breakout led to significant price growth.
If Aptos continues its upward trend and breaks the current resistance, it could potentially double in price, with targets set between $18 and $19. The chart shows no signs of weakening momentum, suggesting that buyers remain in control.
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Chart Analysis Confirms Bullish Sentiment
The weekly chart shared by Chiara.sol further confirms the bullish sentiment surrounding Aptos. Consecutive bullish candles and the absence of divergence signal that the uptrend may continue if the buying pressure persists.
The chart indicates a solid upward momentum, aligning with the analyst’s expectations of a 2X move from current levels. With strong buyer support and liquidity flowing in, Aptos presents an opportunity for traders looking to capitalize on a potential breakout.
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