$APT has just experienced a significant long liquidation of $51.9K at $11.56, signaling a sharp pullback and a shift in market sentiment.
This liquidation highlights the pressure on long positions as APT faces downward momentum, potentially intensifying the current decline.
With such a large liquidation, $APT could see further volatility, with additional long positions being forced to close, amplifying the selling pressure.
APT is currently under strain, and traders should remain cautious while monitoring for signs of a potential reversal or continued weakness.
Keep a close watch on $APT as it works through this correction.