Aptos (APT) is currently priced at $0.858562, reflecting a 24-hour decline of 2.46%. The trading volume stands at approximately 43.94 million, constituting 6.55% of the market cap, indicating a moderate level of market activity relative to its overall valuation.

The asset's daily price range has been relatively narrow, with a high of $0.907037 and a low of $0.860385. Short-term moving averages are trending downward, with the 8 SMA at $0.8920 and the 13 SMA at $0.8951, suggesting bearish sentiment in the market as all moving averages are showing negative percentage changes.

The 1-hour RSI is notably low at 17, indicating strong oversold conditions, while the 7-day RSI at 45 suggests a neutral stance. However, the longer-term performance is concerning, with a 7-day price change of -11.87%, a 14-day decline of -22.10%, and a substantial 30-day drop of -45.69%.

Historically, Aptos reached an all-time high of $19.92 in January 2023, but the current price reflects significant depreciation from that peak. This prolonged downturn, combined with the current technical indicators, suggests that the market is under considerable pressure.

Given the substantial bearish trend in the short and medium term alongside oversold conditions, a cautious approach is warranted. The current low RSI levels may provide a potential reversal opportunity; however, the prevailing downtrend and the failure to sustain higher price levels suggest further downside risk.

Based on this analysis, I recommend a Hold rating for Aptos (APT) at this time. Investors should monitor for potential reversal signals or improvements in the RSI before considering new positions, as the current market environment remains unfavorable for bullish trades.