Aptos (APT) is currently priced at $1.53, reflecting a slight decline of 0.11602% over the last 24 hours. The daily trading range remains tight, with a high of $1.59 and a low of $1.53, indicating minimal volatility during this period.

Trading volume stands at 87,729,518, translating to a volume-to-market cap ratio of 7.48%. This level of volume suggests a moderate interest in APT, although it does not indicate overwhelming bullish momentum given the current price action.

The hourly moving averages reflect a bearish trend, with the 8, 13, and 21-period SMAs showing declines between 1.20% and 1.53%. The 1-hour RSI sits at 37, indicating that APT is approaching oversold territory, while the 7-day RSI at 48 suggests a neutral stance over the short term.

Over the past week, APT has decreased by approximately 4.55%, with more significant declines of 12.02% over the past 30 days and 15.29% over the past 14 days. These price changes highlight a consistent downward trend, suggesting that market sentiment has turned negative as the price remains far below its all-time high of $19.92 reached in January 2023.

Given the combination of bearish technical indicators and significant recent price declines, the outlook for APT remains cautious. The current price does not indicate a favorable entry point, and the lack of bullish momentum further supports this sentiment.

Rating: Sell. The persistent downtrend, coupled with weak RSI readings and bearish moving averages, indicates that APT is likely to face further downward pressure in the near term.