Aptos accelerates despite the selling pressure still dominating.

Aptos (APT) has finally broken out of the falling wedge pattern that has lasted for several months – a technical setup that often signals the potential for a bullish reversal. At the time of writing, the price of APT has risen to 5.2 USD, up 13% for the week and surpassing a critical psychological level.

This breakout is completely in line with expectations from the technical chart, simultaneously turning the old resistance zone into a new support zone. Current indicators suggest that the bullish momentum may continue, with the next price target at 6.3 USD and further at 8 USD.

However, momentum alone does not guarantee a smooth bullish trend. Investors need to assess additional supporting factors to confirm the trend or be cautious of the possibility of a correction.

Source: TradingView## Why does selling pressure still dominate even though APT just broke out?

Although the price action looks positive, the CVD (Cumulative Volume Delta) indicator reflects a different trend: the sellers are still in control. This indicates that many traders are selling as the price rises.

The divergence between price and trading volume is often a warning signal for false breakouts or short-term corrections. If this trend continues while the price is accumulating, the market may experience greater volatility or retracement. However, if buying demand significantly outweighs selling pressure, APT may still break out of the squeeze and maintain its bullish momentum.

Source: CryptoQuant## Spot holders show renewed confidence

Despite on-chain data showing that sellers are dominating, the on-chain spot capital flow records positive signals with a net inflow of nearly 1 million USD flowing into Aptos on CEX exchanges.

This capital flow reflects an accumulation trend rather than distribution, especially after APT broke the technical pattern. Historically, strong inflows during the breakout phase are often a catalyst that reinforces the bullish trend.

If this pattern repeats, APT may continue to challenge higher resistance levels. However, consensus from other indicators such as the derivatives market and overall sentiment is still needed.

Source: Coinglass## DEX volume bullish

The recent breakout of APT coincides with a strong increase in trading volume on DEX exchanges. Specifically, the total trading value on DEX exchanges in the past 24 hours reached 219.73 million USD, while the total weekly volume has risen to 1.511 billion USD – an increase of 16.96% compared to the previous week. This growth indicates that users are increasingly engaging with the Aptos ecosystem, thereby reinforcing on-chain demand.

Additionally, the development of decentralized liquidity often helps reinforce price trends, as the number of actual users increases and trading activity becomes more vigorous. If this bullish momentum is maintained, Aptos could attract additional capital flows and stabilize prices above important support levels – laying the foundation for a sustainable bullish trend in the near future.

Source: DefiLlama## Heavy liquidation cluster around the 5 USD mark

Heatmap data from Binance shows that liquidation clusters are densely concentrated in the range of 5-5.4 USD, indicating that leverage usage in this area is very high.

These liquidation clusters often become "price magnets", potentially triggering mass liquidation of Short orders if APT continues to increase, thereby creating an effect that pushes the price even higher.

On the contrary, if APT falls below 5 USD, buyers may lose control and lead to deeper selling pressure. The area around the 5 USD mark is currently a sensitive zone that could determine the next direction of the market.

Source: Coinglass## Is the breakout from the falling wedge pattern strong enough to drive long-term bullish momentum?

The breakout of APT from the falling wedge pattern is a positive technical signal. Factors such as the inflow of funds into spot trading and trading activity on DEX exchanges are also supporting the bullish scenario.

However, the overwhelming selling pressure and the dense liquidation clusters indicate that investors should remain cautious. If the accumulation of capital continues and the bulls maintain the key support levels, APT could advance towards the target of 6.3 USD, or even 8 USD. Conversely, a correction back to the old support may still occur.

Justin