Aptos Crypto Retests $5.45 Support, Can It Sustain Over Time?

Aptos (APT) crypto is currently moving through a critical support retest at $5.45, identified as the “Macro Range Low” by crypto analyst Rekt Capital.

According to the analysis shared, this price level has served as a major support throughout APT’s trading history, with the token now testing it for the second consecutive month in a volatile pattern.

Bullish Divergence Forms at Critical Support Level

The technical structure forming at APT’s macro range low support appears to be following a pattern that has followed previous bullish reversals.

According to Rekt Capital’s analysis, Aptos crypto is displaying a bullish divergence on the daily timeframe, characterized by “Lower Lows in the price action against the Macro Range Low and Higher Lows in the RSI.”

This pattern is particularly notable because it mirrors previous successful support retests. The analyst explains,

“Out of the three macro bottoms at this Macro Range Low dating to September 2023, APT has produced two bullish divergences, which preceded reversal to the upside across the macro range.”

The current price action suggests “this is looking like the second time a Bull Div is preceding a bullish trend reversal from this historical demand area.”

On the weekly Relative Strength Index (RSI), APT is approaching the 35.66 level, which Rekt Capital identifies as a “Macro reversal area for the RSI and price as well.”

Price performance metrics over various timeframes show APT’s momentum, with gains of 7.7% over the past week and 17% over 14 days.

The 30-day performance remains positive at 12.5%, though the yearly performance shows a 66.4% decline.

Three-Month Retest Pattern Suggests More Volatility Ahead

Despite APT’s recent 15% upward movement from the macro range low, Rekt Capital cautions that the current support retest may not be complete.

Historical analysis reveals a pattern where Aptos crypto typically undergoes support retests lasting approximately three months, with the current retest only in its second month. According to the analyst,

“Historically, APT tends to produce retesting events at the macro range low, events that have lasted three months at a time.”

This pattern suggests that while the initial rebound is promising, traders should prepare for potential continued volatility around this key support level.

The analysis further indicates that “it wouldn’t be out of the ordinary if APT downside wicks into the Macro Range Low area (black level of $5.44, orange box) as part of that third month of consecutive retesting here.”

These fluctuations around support would be consistent with previous consolidation patterns that eventually led to stronger upward movements.

For investors evaluating Aptos crypto’s potential recovery, the price action between the current level and the $5.45 support will be particularly telling over the coming weeks.

Sustained price action below this level could invalidate the bullish setup, while a successful defense of this support followed by higher lows would strengthen the case for a more robust recovery.

Aptos Crypto’s Monthly Close Above Support Critical for Confirmation

The final confirmation of whether APT has successfully defended its crucial support will come with the monthly candle close.

Rekt Capital emphasizes this timeframe as particularly important. He noted that “a Monthly Close just like this would confirm that APT has successfully retested the Macro Range Low as support.”

Monthly closes carry greater technical importance than daily or weekly closes as they filter out short-term noise and provide a clearer picture of the underlying trend.

For Aptos crypto, closing a monthly candle above the $5.45 level would signal that buyers have successfully defended this support zone despite multiple tests.

The current monthly candle has just over a week remaining before close, making this a critical period for determining APT’s medium-term direction.

A close below the macro range low would suggest further downside risk, while maintaining position above it supports the bullish divergence scenario playing out across multiple timeframes.

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