APTOS started the year in free fall, the so called "SOLANA killer" is testing the $5 support for the 3rd time since 2023. APTOS needs buyers ASAP and this week so far is finding them.
On the daily chart some signs of strength and a more consistent volume are giving hope for the bull case
On the 4H chart price broke bellow $5.50 but quickly found buyers and went to try and break the top of the descending channel. It failed, but was expected, now buyers need to commit on this pullback for a definitive breakout and continuation
Entry: $6.00
current price
1st target: $7.10
at this price bulls are in control, move SL to break even point
1st take profit: $8.80
big volume node and 200d EMA, this can be a hard nut to crack
2nd take profit: $12.45
sellers took control here last December and most likely will be there again
Stop loss (conservative): $5.25
bellow the last swing low
Stop loss: $4.85
is $5 is lost I'm giving up my hopes on APTOS for the time being