Aptos Trades Below $0.8929 Level as Double-Top Risk Holds

Aptos (APT) was trading at $0.85 at 4 a.m. ET (08:00 UTC) Oct. 13, about 5% below the daily-close level identified to cancel the token’s double-top risk. Alexander Stefanov’s Oct. 6 technical analysis identified a daily close above $0.8929 as the condition that would cancel the double-top risk and open a $0.93 to $1.00 zone. APT’s observed range in that analysis was $0.76 to $0.8929. “A daily close above $0.8929 would cancel the double-top risk and open the $0.93 to $1.00 zone,” Stefanov said. APT had previously risen from a late-August low near $0.51 and completed a triple-bottom pattern.

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