Aptos gains as volume surge signals accumulation

Source: CryptoNewsNet Original Title: Aptos gains as volume surge signals accumulation Original Link: APT $1.6893 posted rose in the past 24 hours, advancing 1.3% to $1.73.

The token maintained tight correlation with broader crypto markets throughout the period, according to technical analysis model.

The model showed that volume patterns revealed underlying institutional accumulation.

Price action accelerated during the end of the period as APT pierced previous resistance near $1.72 on sustained buying pressure, according to the model.

Multiple volume spikes exceeded 40,000 tokens confirming institutional participation in the breakout move, the model said.

The broader market gauge was 0.5% higher at publication time.

Technical Analysis:

• Primary support established at $1.67
• Immediate resistance cluster targets $1.735-$1.74 zone
• Breakout above $1.72 validates upward momentum structure
• 24-hour average reached 2.76 million tokens
• Volume expansion of 11.8% above 7-day moving average confirms accumulation pattern
• Price action validates institutional accumulation thesis through volume-price correlation
• Upside targets focus on $1.735-$1.74 resistance cluster
• Downside protection anchored at $1.67 support level