APT breaks through key resistance level, technical analysis: rising channel formed but lacks fundamental support.

[Coin World] APT has performed remarkably in recent times, with a rise of 4.5%, currently priced at 1.63 USD, successfully outperforming the market. However, from the details, the 24-hour Trading Volume has decreased by 29% compared to the 30-day average, which means that the real buying support behind the pump needs to be observed.

From a technical perspective, this wave of pump seems to lack obvious fundamental drivers. The price movement indicates that APT is in a consolidation phase, but the details are worth noting— the token has formed a clear ascending channel and has successfully broken through the key resistance level of $1.59. The peak trading volume at the moment of the breakout surged to 5.7 million coins, demonstrating a certain level of participation.

Currently, the area around 1.655 dollars has become the next direct resistance level. Whether it can break through again depends on whether the subsequent Trading Volume can support the trend. This is a position that traders need to pay close attention to.