Market Sentiment Check: $APT at a Crossroads
Aptos is trading around $1.75, deep in a downtrend and in "Extreme Fear" territory. The 14-day RSI is at ~25, signaling it's heavily oversold. However, a major token unlock of 11.31M APT (worth ~$19.2M) is scheduled for December 11th, which could add selling pressure.
Meanwhile, its ecosystem is quietly growing with over 330 projects and is a top-3 network for Real-World Assets (RWA).
What's your read? Is this the final shakeout or more pain ahead?
More downside. The unlock and bearish structure will push it toward the $1.50 support.
Oversold bounce.
Strong fundamentals and an oversold RSI set up a relief rally back toward $2.00+.
Not financial advice.
