Aptos token suffers 43% TVL plunge as Echo Protocol exits, yet technical chart suggests bullish rebound

Aptos (APT) saw its Total Value Locked (TVL) tumble by roughly 43% in one week, falling from about $156 million to $100 million. The sharp decline was driven primarily by the Echo Protocol withdrawing a large amount of liquidity, low daily active addresses of around 40.5 K, a 72% drop in earnings, and a 70% fall in real‑world asset (RWA) TVL over the past month. These factors indicate reduced user activity and capital flight, putting pressure on the token’s price and chain security.

At the same time, technical analysts note that APT is holding support above $0.57, anchored by the value‑area low and a 0.618 Fibonacci retracement. Price action is forming a potential inverse head‑and‑shoulders pattern, with the neckline at $0.57. A decisive breakout could target the next resistance near $0.94, suggesting a possible rally if buyers regain momentum.