Is Aptos Bullish or Bearish?

After several days of low price activity in the cryptocurrency market, momentum shifted around February 18 and 19, signaling a potential trend reversal. The price has started to meet key criteria that we at BITmarkets recognize as buy signals, creating an opportunity for long positions.

However, success depends on effective trade management, which we outline in detail in this analysis.

4-hour time frame analysis

ATPOUSD - 4 Hour Time Frame

As we've emphasized repeatedly, the primary criterion for entering any position is a liquidity sweep—either a drop below a significant low or a rise above a key high—where the market efficiently pairs a high volume of orders.

This is precisely what happened with Aptos, as the internal low aligned perfectly with the 0.5 Fibonacci support level.

Following this liquidity grab, the price impulsively broke through the resistance zone (highlighted in orange on the attached chart), which had previously acted as a barrier to bullish movement.

Aptos price target

This mentioned breakout serves as a strong confirmation for entering a buy position, with the Stop Loss strategically placed below the internal low, as indicated on the chart. Equally important is defining profit-taking levels. From a long-term perspective, the best approach is to secure partial profits at Buy-Side Liquidity levels.

Additionally, if the price surpasses the upper 0.5 Fibonacci level, marking the Premium zone, and then begins to show bearish impulsive movements, it would be prudent to sell part of the position—especially considering external bearish market structures.

This strategy improves trade management, balancing risk and reward as market conditions evolve.