Aptos [APT] has been on a bearish retracement since the last week of October. However, its performance in the last two days indicated that it was ready to resume the bullish trajectory observed from mid-September.

APT recently pulled back by as much as 30% from its October top. However, the pullback concluded at a noteworthy price range.

This is because the pullback was expected to conclude within the $7.68 to $8.43 range — this was picked based on Fibonacci retracement from its lowest price point in September to its highest October price.