APT$3.4868 was unchanged over the last 24 hours, trading around $3.50.

A potential breakout above $3.63 resistance targets the $3.75 level for potential 7% upside, according to CoinDesk Research's technical analysis model.

The token underperformed the broader crypto market, and its trading volume remained subdued throughout the period. The broader crypto market gauge, the Coindesk 20 index, was 1.1% higher at the time of publication.

The model showed that APT Price carved out a $0.16 range representing 4.6% of current levels as it advanced from session lows near $3.45.

Volume spiked to 2.48 million shares on Oct. 26, marking a 68% surge above the 24-hour average of 1.47 million, before quickly fading as the price hit resistance at $3.63, according to the model.

Multiple failed breakout attempts at the $3.60-$3.63 zone established this level as a critical technical barrier, the model said.

The combination of modest gains paired with tepid volume typically signals retail-driven activity rather than meaningful institutional flows, suggesting traders remain in a wait-and-see mode at current levels.

Technical Analysis:

• Primary support holds at $3.48-$3.485 after successful defense during the recent pullback, while resistance stays firm at $3.60-$3.63 following multiple rejection attempts
• 24-hour volume averaged 7.9% above the 7-day moving average but missed the 5% institutional engagement threshold, pointing to retail-driven flows rather than significant capital deployment
• V-bottom formation in a 60-minute timeframe suggests a short-term bullish structure, with higher lows from $3.45 to $3.48 confirming near-term uptrend momentum
• Breakout above $3.63 resistance targets the $3.75 level for potential 7% upside, while violation of $3.48 support exposes the $3.40-$3.45 zone

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.