Aptos (APT) near $1 as $12.7M token unlock dey raise sell-pressure

Aptos (APT) don drop well—about 39% for 30 days and about 67% from im November peak—and e dey trade near $1 support zone. Token unlock wey dem schedule for 10 February go release about $12.7 million APT (≈11.3 million APT; ~1.13% of total supply and ~1.48% of circulating supply), plus more than half go to community members and early investors. Trading volumes spike before the unlock (38% above 30-day average) and one big session peak (6.81M APT) show say dem dey distribute at resistance near $1.90. Technical side show near-term bearish pattern—lower highs and lower lows after rejection near $1.90—with main support at $1.69–$1.70 and big resistance around $1.91; if price fall under $1.69 e fit trigger bigger drop, while price must pass $1.71 to challenge session highs. On-chain metrics mixed: TVL for Aptos ecosystem don rise about $14.0 million recently, meaning some capital dey committed, but exchange flows show weekly net withdrawals (~$2.03M) alongside recent daily inflows (~$536K), which mean selling dey happen sometimes. Net unlocked supply and recipient selling likely go increase short-term bearish pressure, though oversold RSI and improving MACD fit allow small, short rebounds. Traders should expect more volatility around the unlock, manage position size and stop levels near $1 and $1.69 supports, and watch exchange flows and volume spikes for signs of distribution or renewed accumulation.
Bearish
Di report dem show say short-term outlook for APT dey bearish. Di coming unlock (≈11.3M APT / ~ $12.7M) go increase circulating supply and for history people wey receive am dey sell. Before unlock volume spikes — 38% pass di 30-day average and 6.81M APT distribution peak for resistance — dey show say institutions dey reposition and distribute. Technical structure weak (lower highs/lows, rejection near $1.90) and key support dey $1.69–$1.70; if price break below dis zone e fit make selling quick and bring new lows. On-chain signals mixed (TVL gains vs recent daily exchange inflows) mean some selective accumulation but e no strong reach to cancel selling pressure from the unlock. Even though RSI don oversold and MACD dey show momentum dey ease, dem mainly fit support short-lived bounces no be sustained reversal. Traders suppose expect higher volatility, manage risk around $1 and $1.69 supports, and watch exchange flows and volume for confirmation whether distribution or absorption dey happen.