#APTOS at a Crossroads⚔️: Breakout or Breakdown?🤔

$APT is testing a crucial resistance zone between $6.80-$6.30, marked by a wedge pattern. A breakout above this level could signal a trend reversal, while a rejection could lead to a deeper price drop .

While the downtrend seems to be easing off, the recent price action suggests a break from the ascending channel on the higher timeframe.

For bulls to regain control, #APT needs to convincingly overcome resistance and climb above $7.50. This could pave the way for a return to the ascending channel and potentially higher prices.

Here's a quick recap:

APTOS testing resistance zone of $6.80-$6.30

Breakout above this zone bullish, rejection could lead to price drop🔻

The downtrend seems to be slowing down, but the ascending channel is broken

Confirmation of #Bullish reversal: Price needs to climb above $7.50

Aptos To the moon or to the earth ??