APT is already giving the market a warning.
When a coin starts outperforming while the broader market is still waiting for a decisive rotation, I pay attention.
APT is around PKR 167.28 in the screenshot and is showing an impressive 8.32 percent 24 hour gain, with a market capitalization around PKR 146.34 billion. Current market coverage also shows APT making a strong move on technical breakout and trading sentiment. 1
This is exactly the kind of momentum that can attract more liquidity if buyers manage to hold the breakout.
The zone I am watching is PKR 162 to PKR 168. If APT continues defending this area, the next challenge becomes the PKR 180 region.
My trading plan:
EP: PKR 167.28
Support Zone: PKR 162 to PKR 168
TP1: PKR 180.66
TP2: PKR 192.37
SL: PKR 157.24
The biggest danger here is chasing after an already extended move. I would rather see a healthy pullback followed by buyers stepping back in.
Volume is the key.
If volume continues expanding while APT holds above its breakout area, the market could start treating every pullback as a buying opportunity.
That is when things can get fast.
I am ready for the move.
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