Renowned crypto analyst Crypto Bullet has expressed a bullish outlook on Aptos (APT). In a recent X post, the analyst pointed out that the recent dip in the APT market was merely a "fake breakdown". Despite this temporary setback, the analyst remains confident that the current price levels represent a market bottom for APT, suggesting a strong potential for future gains.
Crypto Bullet emphasized the critical support level around $7.00, indicating that APT has rebounded from this vital point. This rebound suggests potential upward momentum, reinforcing his bullish stance.
However, the analyst reiterated his belief that previously set targets, including a long-term target of $20, remain achievable, signaling his strong faith in APT's resilience and potential for future gains. As of press time, APT is trading at $7.05, indicating a 2.54% downward movement in the past day.
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