Aptos advisor exits and sells tokens: Can APT avoid further losses?

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Aptos drops 6.25% today to $0.624

Highlights

A former Aptos advisor completed a one-year contract and sold his APT tokens, increasing circulating supply and raising questions about insider actions.
Aptos market capitalization stands at $607 million after a sharp decline in recent weeks, showing lower project valuation.
APT trades below key moving averages with broad bearish indicator signals, an expected range of $0.5883 to $0.6549, and a 79% probability of further downside in the next 1 to 3 days.

Insider token sales heighten negative sentiment post-advisor exit

Former Aptos advisor BuzzlamicJihad exited the project after fulfilling a one-year advisory contract and subsequently sold his APT tokens, an action reported by Grafa that may add to market concern by increasing token supply and raising questions about ongoing insider confidence. Aptos’ market capitalization was reported at US$607 million following a sharp decline in recent weeks, according to data from Decrypt reported by Grafa, reflecting diminished overall project valuation. These insider and valuation developments have contributed to negative sentiment surrounding Aptos.

Bearish momentum prevails beneath major resistance and moving averages

On the hourly chart, APT/USD trades below its MA-20 at $0.6485 and MA-50 at $0.6705, with the daily price also remaining under the MA-200 at $0.7389. The Ichimoku Kijun on the daily timeframe stands at $0.6416, acting as immediate resistance. Momentum indicators display broad bearishness: MACD, ADX, RSI, and CCI all indicate a sell, with the RSI reading at 39.5 highlighting continued downside momentum. Stochastic RSI and the Awesome Oscillator are neutral, while Bull/Bear Power signals seller dominance.

Downside risks remain high amid limited recovery potential

In the next 1–3 trading days, APT is expected to trade within a typical volatility band of $0.5883–$0.6549. There is a 21% probability of an upward move versus a 79% likelihood of further downside. The baseline scenario is for consolidation within these boundaries, but a move above resistance at $0.6416 could open room for recovery, while a break below the lower end of the range might trigger accelerated losses amid ongoing negative momentum.

Anton Kharitonov, expert at Traders Union, sees Aptos facing persistent downside after insider token sales and fading market capitalization. He notes that technical momentum remains bearish, with price action sitting firmly below critical moving averages and momentum indicators pointing to further weakness. Consolidation within $0.5883–$0.6549 is the baseline, but the probability still favors continued losses if sentiment does not turn. "Unless Aptos can reclaim resistance at $0.6416 and see improved confidence, downside risk remains dominant in the near term."

Earlier, analysts noted that Aptos was experiencing sustained bearish momentum following the departure and token sale by a former advisor. The current article strengthens this negative outlook with continued technical weakness and highlights the risk of further losses if support at $0.5883 fails in the near term.

Source of Data: APT Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.