After breaking above a falling wedge structure, APT is now trading above the former resistance line near 4.45 USDT. This move confirms a bullish breakout, with price expanding above the long-term descending trendline – now acting as dynamic support.
The projected move based on the wedge’s depth points toward a potential upside target of 7.45 USDT (+60.44%) from the breakout level. As long as price holds above the breakout zone, momentum remains with the bulls and the structure favors further upside.
Key levels:
Breakout zone: ~4.45 USDT
Target: 7.45 USDT
Invalidation: Breakdown below ~4.20 USDT
Breakout remains valid – watching for volume confirmation, sustained price strength, and potential trend continuation toward the upper objective.
The projected move based on the wedge’s depth points toward a potential upside target of 7.45 USDT (+60.44%) from the breakout level. As long as price holds above the breakout zone, momentum remains with the bulls and the structure favors further upside.
Key levels:
Breakout zone: ~4.45 USDT
Target: 7.45 USDT
Invalidation: Breakdown below ~4.20 USDT
Breakout remains valid – watching for volume confirmation, sustained price strength, and potential trend continuation toward the upper objective.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.