Aptos Still a structural case for a reversal?

APT has been in a prolonged downtrend, but the broader structure resembles a cyclical falling wedge, often preceding strong relief rallies — if key resistance levels are reclaimed.

🔍 Structure Breakdown:

🔻 Currently holding a local base around $4.30, consolidating since mid-2024

🔁 Previous upward moves have been sharp and aggressive:
▪️ +248% rally to $10.72
▪️ +305% rally to $15.09
▪️ +566% rally to $17.22

🟥 Intermediate resistance zone: $6.00–$7.00
🟥 Major supply zone: $10.00–$11.50
🔴 Key downside invalidation: loss of $4.10 with momentum could trigger a move toward $3.20 or lower

🧭 Scenarios I’m watching:
✅ Bullish case:
Break above $5.20 ➝ structural confirmation ➝ potential move toward $6.80–$7.50, then possibly $10+
❌ Bearish case:
Failed breakout + new local low ➝ risk of breakdown below $4.00 ➝ likely capitulation event
📌 My Take:
APT is showing a high-risk bottoming structure with 200%+ upside potential — but only if we see confirmation via volume and price reclaiming $5.20+.
Without that, it's just speculative hope.