Quick thoughts on $APT

SUI had a nice run, price discovery. While Aptos at 1/2 of ATHs.

SUI also jumped over Aptos in terms of FDV 15b vs Aptos 9.7b.

Aptos had big involvements with FTX maybe that's why sellpressure and underperformance.

In terms of chart:

- ATH - Low --> FIB
1. beautiful retracement to 0.25.
2. bounce to 0.618 got rejected
3. tested 0.5 as support
4. now decision time.

Bull case:

IF this is a big bull flag forming, and breaks out to upside, then target ATHs;

Low time frame: potential head and shoulders, if plays out we revisit bottom of the channel.

IF we go downside, 7.8 - 8$ is where i would start buying.