Technical Analysis

APT Technical Analysis February 3, 2026: Weekly Strategy

APT

APT/USDT

$1.269
+0.16%
24h Volume

$78,174,626.88

24h H/L

$1.298 / $1.198

Change: $0.1000 (8.35%)

Long/Short
59.0%
Long: 59.0%Short: 41.0%
Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data
APT
APT
Daily

$1.269

-0.78%

Volume (24h): -

Resistance Levels
Resistance 3$1.7317
Resistance 2$1.3836
Resistance 1$1.2787
Price$1.269
Support 1$1.2633
Support 2$1.141
Support 3$0.4596
Pivot (PP):$1.2727
Trend:Downtrend
RSI (14):30.9
DK
David Kim
(10:35 AM UTC)
4 min read
890 views
0 comments

APT, despite its limited weekly rise of 0.71%, is consolidating in a narrow range ($1.25-$1.30) within the main downtrend; although RSI 30.85 gives an oversold signal, the risk of deep correction increases if $1.14 support breaks.

Weekly Market Summary for APT

APT closed the week at the current $1.27 level with a 0.71% increase, but in the broader market context, it remains in a cautious position for altcoins under Bitcoin's downtrend dominance. The weekly trading range is stuck between $1.25-$1.30, volume profile remained low at $55.22M, raising the question of accumulation or distribution. Market structure continues to remain bearish below EMA20 ($1.50); MACD negative histogram confirms momentum decline. Long-term downtrend filters are active, recovery will remain limited without breaking $1.61 resistance. This week, multi-timeframe confluences highlight the critical support at $1.1410 (77/100 score), this is the inflection point that will determine the trend's fate.

Trend Structure and Market Phases

Long-Term Trend Analysis

The long-term trend structure exhibits a clear downtrend character; higher highs/higher lows structure is broken on weekly and monthly charts. While the primary trend is defined as bearish, price continues to stay below EMA20 ($1.50) and EMA50. This signals the continuation of the distribution phase – especially after rejection at $1.61. In the market cycle context, APT has experienced nearly 80% correction from 2025 highs and currently has potential to approach cycle lows. The trend remains solid as long as price holds $1.1410 support; in case of breakdown, it could gain momentum toward $0.4596 downside target (22 score). In macro context, rising Bitcoin dominance delays altcoin rotation.

Accumulation/Distribution Analysis

Volume profile at low levels ($55.22M) and price range contraction may be starting to show accumulation phase characteristics – RSI 30.85 in oversold region with divergence potential. However, as MACD bearish histogram widens, distribution patterns are emerging: selling pressure visible around upper range $1.30. According to Wyckoff methodology, this could be a secondary test phase; if spring test around $1.25 succeeds, accumulation strengthens. Distribution risk increases with rejection at $1.2893 resistance. Overall, market phase is a 're-accumulation' attempt but downtrend filters dominate.

Multi-Timeframe Confluence

Daily Chart View

On the daily chart, 1S/2R confluence: support $1.1410 (77 score) strong, resistances $1.2893 (63) and $1.3845 (60). Price below EMA20, short-term bearish; RSI divergence signals bounce but MACD crossover on hold. Market structure with lower highs keeps downtrend intact; if $1.25 support breaks, daily bearish acceleration.

Weekly Chart View

On weekly, 1S/2R structure dominant: $1.1410 major support, $1.61 main resistance. Weekly candle doji-like, showing indecision; Supertrend bearish filter active. Price below long-term EMAs, in test phase for accumulation – confluence supports with 9 strong levels (1D/3D/1W breakdown). For trend change, weekly close above $1.3845 required.

Critical Decision Points

Key levels will define direction: Support $1.1410 (77 score, multi-TF confluence), breakdown opens $0.4596 risk. Resistance $1.2893 (63), then $1.3845 (60) – breakout opens path to $1.8864 upside objective (6 score). $1.61 psychological barrier for downtrend breakdown. Watch: Volume spikes and BTC movements.

Weekly Strategy Recommendation

In Bullish Case

Bullish scenario: Long position with daily close above $1.2893, targets $1.3845 / $1.8864. Stop-loss below $1.1410; R/R 1:3+ strategic. Volume increase required for accumulation confirmation, BTC above $79k supportive. For position traders, scale-in on $1.25 rebound.

In Bearish Case

Bearish scenario: $1.1410 breakdown short trigger, target $0.4596. Stop above $1.2893; high R/R. Weekly close below for distribution confirmation. Altcoin caution mode, monitor BTC dominance.

Bitcoin Correlation

APT highly correlated with BTC (0.85+); BTC in downtrend at $78,459, supports $77,615/$74,604 critical. If BTC fails to break $79,295 resistance, altcoin pressure increases – Supertrend bearish BTC dominance pulls APT down. BTC breakdown below $74k accelerates APT $1.14 test; above $81k offers rotation opportunity. Key BTC levels: Watch $77k support and $79k resistance.

Conclusion: Key Points for Next Week

Next week focus: $1.1410 support test and $1.2893 resistance reaction. BTC below $77k risks altcoin dump; RSI bounce + volume confluence for bullish flip. Follow detailed APT spot analysis and APT futures market data. Strategic patience: Trend down, wait for inflection. Follow updates for APT and other analyses.

This analysis uses Chief Analyst Devrim Cacal's market views and methodology.

Strategy Analyst: David Kim

Macro market analysis and portfolio management

This analysis is not investment advice. Do your own research.

DK
David Kim

Expert technical analysis and market insights. Follow us for the latest cryptocurrency analysis.

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