- Aptos formed a classic Cup and Handle pattern on the 4-hour chart, signaling a potential bullish reversal.
- After breaking above $5.00, the price pulled back slightly to around $4.87, likely retesting the breakout zone.
- Key support at $4.03 must hold for bulls, with upside targets near $8.80 and $10.62 if momentum continues.
Aptos (APT) is showing signs of a potential bullish reversal after forming a classic Cup and Handle pattern on the 4-hour chart. This technical setup is widely recognized for signaling a shift from a bearish trend to a bullish rally, and Aptos appears to be following this path closely.
The cup began forming in early March 2025, as APT found a bottom around the $4.03 level. Over the next few weeks, the asset steadily climbed, carving out a rounded base that completed in mid-May. This consolidation phase indicated growing accumulation and reduced selling pressure. Following this, the handle formed as a minor downward channel, a typical correction that usually precedes a breakout.
Aptos Retests Breakout Zone, Rally May Follow
In late May, APT broke out from the handle, briefly pushing above the critical upper resistance level near $5.00. This confirmed the Cup and Handle pattern and sparked optimism among traders. However, the price has since pulled back slightly, trading around $4.87 at the time of writing. This dip may represent a healthy retest of the breakout zone before a potential continuation of the upward move.
For bulls to maintain control, Aptos must hold above immediate support at $4.03. A strong move back above the $5.00-$5.20 range would likely ignite further upside momentum. The next key targets lie at $8.80, which aligns with a historical resistance zone, and $10.62, a major level that could come into play if bullish momentum accelerates.
The current structure remains bullish as long as APT stays above its recent lows. The successful validation of the Cup and Handle pattern positions Aptos for a potential breakout rally in the weeks ahead, making it one of the altcoins to watch closely.
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