$APT 📊 APT 06.12 — spot analysis

APT is down -10.98% over the day, solidifying a strong downward trend. But technicals and network metrics hint at a possible local rebound.

🔹 Inflow of stablecoins in November — $426.8M, partnerships and incentives from Aave strengthen the ecosystem.

🔹 RSI on 6/12/24 — in deep oversold territory; MACD shows a weakening bearish momentum.

🔹 Price at the minimum $1.716 — a zone for potential technical reversal.

⚠️ Risks: APT below all key EMAs, -57% decline in autumn weighs on sentiment, concerns about network security are growing.

💡 Insight from the analyst: the current trend remains bearish, but oversold metrics + positive MACD often precede short reversals.

Follow $APT or trade on Binance — average positions wisely!