Home » Blog » Aptos bulls push even as sellers dominate: Can APT’s breakout hold?

Aptos bulls push even as sellers dominate: Can APT’s breakout hold?

Aptos bulls push even as sellers dominate: Can APT’s breakout hold?

Key Takeaways
Taker sell dominance signals caution despite APT’s breakout above $5. Inflows and rising DEX activity could support APT’s rally toward $6.30 and $8.00.

Aptos [APT] has finally broken out of its multi-month falling wedge pattern, a setup that often signals a bullish reversal.
The price climbed to $5.19, posting an 8.09% daily gain and reclaiming a key psychological level at the time of writing. 
This breakout aligns with bullish chart expectations and has flipped previous resistance into support. Technical indicators suggest upside continuation toward $6.30 and even $8.00 if the rally sustains. 
However, momentum alone may not guarantee a smooth climb. Traders must now assess whether supporting metrics confirm the bullish breakout or if a retracement is imminent.
Source: TradingView
Why are sellers still dominating despite APT’s bullish breakout?
While price action suggests strength, Spot CVD (Cumulative Volume Delta) tells a different story. Sell-side takers still dominate the market, signaling that traders are selling into the breakout. 
This divergence between price and execution volume can often lead to false breakouts or short-term corrections. Therefore, caution is warranted even with bullish momentum on the surface. 
If this taker sell dominance persists while price consolidates, it may lead to increased volatility or a pullback. Still, if demand overwhelms supply, APT could defy this pressure and continue its climb.
Source: CryptoQuant
Renewed confidence among spot holders
Despite the taker sell dominance, on-chain spot flow data reveals a different trend—positive netflows. At press time, Aptos recorded nearly $1M in net inflows, showing renewed buying interest on centralized exchanges. 
This capital inflow suggests accumulation rather than distribution, especially after the wedge breakout. Historically, rising inflows during breakout phases strengthen the bullish case. 
If this pattern holds, it may provide the fuel APT needs to retest higher resistance levels. Still, confirmation from other market layers, such as derivatives and sentiment, remains essential.
Source: Coinglass
How DEX volume reflects the growing network
APT’s recent surge coincides with a significant uptick in decentralized trading volume. DEX activity hit $219.73M over the last 24 hours, with weekly volume climbing to $1.511B—up 16.96% from the previous week. 
This rise indicates broader market engagement with the Aptos ecosystem, reinforcing on-chain demand. 
Moreover, such growth in decentralized liquidity often strengthens price trends by supporting real user activity. 
If this momentum continues, it could attract more capital inflows and stabilize price movements above critical levels, setting the stage for a sustained bullish trajectory.
Source: DefiLlama
Liquidation clusters line up above $5
Binance liquidation heatmap data shows dense clusters between $5.00 and $5.40, implying heightened leverage activity around those levels.

If APT pushes higher, it could cascade through these clusters, forcing short liquidations and amplifying upward momentum. 
Conversely, if the price dips below $5, bulls risk losing control, which may invite further downside. This zone remains pivotal for the next directional move as market participants closely monitor leverage risks.
Source: CoinGlass
Will the wedge breakout extend into a full-blown rally?
APT’s breakout from the falling wedge pattern is technically promising, and key metrics such as spot inflows and DEX activity support bullish continuation.
However, persistent taker sell dominance and dense liquidation zones suggest caution. 
If accumulation persists and bulls defend key levels, APT may target $6.30 and even $8.00. Otherwise, a pullback toward previous support cannot be ruled out.

Next: Burns, adoption, and how BONK’s price might hit new price levels soon

Leave a Reply

Your email address will not be published. Required fields are marked *