Aptos (APT) is currently trading at $1.22, experiencing a significant decline of 15.80% over the past 24 hours. The price has fluctuated between a 24-hour high of $1.45 and a low of $1.21, indicating a narrow daily range of 0.24%, which suggests limited volatility in the current trading environment.

The trading volume of 169,537,397 reflects a relatively active market, with a volume-to-market cap ratio of 18.18%. However, the downward pressure on the price is evident, as reflected in the hourly moving averages; the short-term SMAs are significantly below their respective levels, indicating bearish momentum.

The 1-hour RSI stands at a critical low of 5, suggesting that APT is severely oversold in the short term, which could trigger a potential bounce-back. Conversely, the 7-day RSI at 41 indicates that the asset is approaching oversold territory but has not yet reached it, leaving room for further declines before a potential recovery.

Over the past week, APT has experienced a price change of -21.15%, and over the last 14 and 30 days, the declines have been even more pronounced at -35.70% and -34.02%, respectively. This sustained downward trend raises concerns about the asset's current market strength, especially given that the all-time high of $19.92 was reached in January 2023, reflecting a significant loss from that peak.

In conclusion, given the strong oversold signals on the hourly RSI and the potential for a short-term bounce, APT could present a buying opportunity for traders looking to capitalize on price recovery. However, considering the overall bearish trend and substantial losses over the past month, the recommendation is a Hold, waiting for confirmation of a reversal before committing additional capital.