Aptos Will Prove Its Worth (Daily Analysis)

After breaking out from a simple trendline, Aptos (APT) has gained significant momentum, similar to many other altcoins over the past two weeks.

However, Aptos is currently presenting a unique structural situation. It appears to have completed a full five-wave bearish impulse and has now transitioned into a new five-wave bullish impulse. From a daily timeframe perspective, Aptos seems to be developing wave 1 of this new cycle.

A closer examination of Aptos’ historical price movements reveals some interesting patterns: • During the previous bullish phase, Aptos formed a reversed Head and Shoulders pattern. • Following the breakout of a key trendline, Aptos rallied to levels that were largely unexpected by the market. • The previous cycle took exactly four months to reach its lower high, aligning precisely with the Fib Time Zone (Level 4) before retracing.

Assuming that history tends to repeat itself (and being conservatively pessimistic), Aptos could potentially reach the $10 region again this summer.

There are two major additional reasons supporting this outlook:

Wave 3's potential target in this cycle aligns perfectly with a high-liquidity zone, increasing the probability of a strong upward move. (Refer to the previous bullish cycle’s Wave 3 in the Fib retracement for additional confirmation.)

A new reversed Head and Shoulders pattern appears to be forming right now, which, if confirmed, would further strengthen the bullish case.

Using the Fib Time Tool again, the estimated timeline for reaching the target without any major pattern formation points to late July.
However, if the Head and Shoulders structure fully forms before the breakout, it could extend the move by an additional month, but would likely result in a much higher target beyond $10.

Invalidation level for this analysis: Below the $4 mark.

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