Technical analysis by tradecitypro about Symbol APT: Buy recommendation (5/10/2025)

tradecitypro

👋 Welcome to TradeCity Pro!In this analysis, I want to review the APT coin for you. This coin belongs to the Aptos project, which is one of Ethereum’s Layer 2 solutions.⚡️ APT, with a market cap of $3.6 billion, is currently ranked 32 on CoinMarketCap.⏳ 4-Hour TimeframeAs you can see in the 4-hour timeframe, after finding support at the 4.687 zone, the price made a very sharp bullish move and reached 5.708. After an initial rejection, it has now managed to stabilize above this level.🔍 If this bullish move continues, we could see another upward leg, with the next resistance at 6.047. If this level breaks, the price could move up to 6.752.✔️ There’s a very important RSI ceiling at 80.76, which has consistently caused rejections after sharp upward moves. If the price aims for another bullish wave, this level will be critical and could mark the top of the move.⭐ A breakout above this level seems unlikely for now, since 80.76 is a very high reading for the RSI oscillator, and the chance of it breaking is quite low. But if it does happen, we could see an extremely sharp and unusual move.🔽 As for a bearish scenario and short positions, we currently need to wait for a trend reversal. If the breakout above 5.708 turns out to be fake and the price starts moving downward, we can look for a trigger in a lower timeframe to enter.🔑 But keep in mind that short positions in these market conditions are very, very risky. And if you do open such a position, make sure to secure profits frequently with small risk-to-reward setups.📝 Final ThoughtsThis analysis reflects our opinions and is not financial advice.Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️